Benzinga’s Top Downgrades (FDP , WPC, PSYS, SAI, ARMH)
Fresh Del Monte Produce Inc (NYSE: FDP) was downgraded by Sun Trust Robinson Humphrey from “buy” to “neutral.” FDP closed at $20.92 yesterday. FDP has a 52-week trading range of $13.82-$24.77. Read more about this company here.
Davenport downgraded WP Carey & Co LLC (NYSE: WPC) from “buy” to “neutral.” WPC’s shares closed at $30.32 yesterday. WPC’s 52-week trading range is $18.18-$30.32. Read more about this company here.
Piper Jaffray downgraded Psychiatric Solutions Inc (NASDAQ: PSYS) from “neutral” to “underweight.” PSYS’s stock closed at $30.47 yesterday. The 52-week trading range for PSYS is $13.03-$30.87. Read more about this company here.
SAIC Inc (NYSE: SAI) has been downgraded by Wells Fargo from “outperform” to “market perform.” SAI closed at $18.98 yesterday. The 52-week trading range for SAI is $15.94-$19.76. Read more about this company here.
ARM Holdings plc (NASDAQ: ARMH) has been downgraded by Deutsche Bank from “buy” to “hold.” ARMH’s shares closed at $10.81 yesterday. ARMH’s 52-week trading range is $4.27-$10.88. Read more about this company here.
