Benzinga's Top Downgrades
Analysts at Citigroup downgraded SAP AG (NYSE: SAP) from “buy” to “neutral.” SAP's shares closed at $78.13 yesterday. SAP's trailing-twelve-month ROA is 12.70%.
Analysts at Goldman Sachs downgraded Williams-Sonoma (NYSE: WSM) from “buy” to “neutral.” Williams-Sonoma's shares closed at $47.13 yesterday. Williams-Sonoma's PEG ratio is 1.37.
Analysts at RBC Capital downgraded The Bank of New York Mellon (NYSE: BK) from “outperform” to “sector perform.” BNY Mellon's shares closed at $26.04 yesterday. BNY Mellon's trailing-twelve-month profit margin is 15.99%.
JP Morgan downgraded Cisco Systems (NASDAQ: CSCO) from “neutral” to “underweight.” Cisco's shares closed at $21.03 yesterday. Cisco's trailing-twelve-month ROE is 16.73%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.