Benzinga's Top Downgrades (ING, MOT, FFIV, VALE)

ING Group NV (NYSE: ING) was downgraded by Keefe Bruyette from "market perform" to "underperform." ING's shares closed at $10.82 yesterday. ING's quarterly earnings surged 297.25% y/y.

Citigroup downgraded Motorola Inc (NYSE: MOT) from "buy" to "hold." MOT's stock closed at $8.59 yesterday. Motorola's quarterly earnings advanced 507.81% y/y.

Goldman Sachs downgraded F5 Networks Inc (NASDAQ: FFIV) from "neutral" to "sell." FFIV's shares closed at $98.98 yesterday. F5 Networks' trailing-twelve-month gross margin is 79.87%.

Vale (NYSE: VALE) was downgraded by UBS from “buy” to “neutral.” VALE's shares closed at $32.19 yesterday. VALE's quarterly earnings jumped 353.85% y/y.

More Analyst Ratings here