Benzinga’s Top Downgrades (KND, SBLK, GCA, EDU, BCSI)
Kindred Healthcare Inc (NYSE: KND) was downgraded by RBC Capital Markets from “outperform” to “sector perform.” KND’s shares had slipped 3.78% to $18.04 by 10:08 a.m. KND has a 52-week trading range of $10.70-$$20.00. Read more about this company here.
Dahlman Rose downgraded Star Bulk Carriers Corp (NASDAQ: SBLK) from “buy” to “hold.” SBLK’s shares had lost 5.82% to $2.59 by 10:11 a.m. The 52-week trading range for SBLK is $1.16-$5.30. Read more about this company here.
Feltl & Co downgraded Global Cash Access Holdings Inc (NYSE: GCA) from “strong buy” to “buy.” GCA’s shares slipped 3.14% to $7.41 at 10:17 a.m. The 52-week trading range for GCA is $2.07-$9.21. GCA’s shares have gained 6.25% over the past three months. Read more about this company here.
New Oriental Education & Technology Group Inc (NYSE: EDU) has been downgraded by Citigroup from “buy” to “hold.” EDU had lost 0.49% to $75.80 at 10:23 a.m. The 52-week trading range for EDU is $40.88-$84.97. The trailing-twelve-months gross margins at New Oriental Education & Technology are 62.05%. Read more about this company here.
Blue Coat Systems Inc (NASDAQ: BCSI) has been downgraded by MKM Partners from “buy” to “neutral.” BCSI was up 0.98% to $28.81 at 10:32 a.m. BCSI’s 52-week trading range is $8.91-$31.05. The trailing-twelve-months gross margins at Blue Coat Systems are 72.66%. Read more about this company here.
