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Benzinga’s Top Downgrades (DRI, IWA, CAKE, TM, OZRK)

Darden Restaurants Inc (NYSE: DRI) was downgraded by Standpoint Research from “buy” to “hold.” DRI’s shares gained 0.14% to $42.05 by 11:38 a.m. DRI has a 52-week trading range of $23.55-$42.26. Read more about this company here.

Argus downgraded Iowa Telecommunications Services Inc (NYSE: IWA) from “hold” to “sell.” IWA’s shares lost 0.36% to $16.68 by 11:15 a.m. IWA’s 52-week trading range is $8.82-$17.32. Read more about this company here.

MKM Partners downgraded The Cheesecake Factory Incorporated (NASDAQ: CAKE) from “buy” to “neutral.” CAKE’s stock moved down 0.77% to $25.64 at 11:49 a.m. The 52-week trading range for CAKE is $6.84-$26.10. Read more about this company here.

Toyota Motor Corporation (NYSE: TM) has been downgraded by Standpoint Research from “buy” to “hold.” TM lost 1.64% to $76.66 at 11:51 a.m. TM’s 52-week trading range is $56.79-$91.97. Read more about this company here.

Bank of the Ozarks (NASDAQ: OZRK) has been downgraded by Rodman & Renshaw from “market outperform” to “market perform.” OZRK slipped 2.15% to $32.25 at 11:46 a.m. OZRK’s 52-week trading range is $16.40-$33.47. Read more about this company here.


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