Benzinga’s Top Downgrades (HNT, SAFM, BNI, CIG, MIPI, BRO, FFIV)

Symbols: BNI, BRO, CIG, FFIV, HNT, MIPI, SAFM
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Health Net, Inc. (NYSE: HNT)(FREE stock trend analysis) has declined 0.61% to $23.61 in the morning trading hours after Credit Suisse reiterated Health Net to Neutral and price target set to $25 from $20. The 52-week trading range for HNT is $9.87 - $23.79.

Sanderson Farms, Inc. (NASDAQ: SAFM)(FREE stock trend analysis) fell 0.77% to $42.46. Today, Argus downgraded SAFM to Hold from Buy. The 52-week trading range for Sanderson Farms is $26.62 - $49.39.

Burlington Northern Santa Fe Corporation (NYSE: BNI)(FREE stock trend analysis) has decreased 0.02% to $98.66 in the morning trading hours after Robert W. Baird downgraded BNI to Neutral from Outperform. So far in 2009, Burlington Northern Santa Fe Corporation gained around 30%.

Companhia Energetica Minas Gerais (ADR) (NYSE: CIG)(FREE stock trend analysis) has moved down 0.56% to $19.64 after JP Morgan downgraded CIG to Neutral from Overweight. The 52-week trading range for Companhia Energetica Minas Gerais (ADR) is $9.91 - $20.49. In the last six months, CIG gained over 35%.

Molecular Insight Pharmaceuticals, Inc. (NASDAQ: MIPI)(FREE stock trend analysis) has gained 1.43% to $2.47 in the morning trading hours. Today, Jefferies & Co downgraded Molecular Insight from Buy to Hold and reduced its price target from $7 to $2.50. The 52-week trading range for MIPI is $1.15 - $7.90. So far in 2009, MIPI declined by 43%.

Brown & Brown, Inc. (NYSE: BRO)(FREE stock trend analysis) has declined 1.39% to $17.66. Today, JP Morgan downgraded Brown & Brown to Underweight from Neutral. So far in the current year, BRO declined by 13%.

F5 Networks, Inc. (NASDAQ: FFIV)(FREE stock trend analysis) fell 2.15% to $51.43 in the morning trading hours after William Blair downgraded FFIV from Outperform to Market Perform. The 52-week trading range for FFIV is $18.41 - $53.07. So far in the current year, F5 Networks gained over 120%.


 
 
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