Benzinga’s Top Downgrades (COMV, CHRD, VRSN, CSX, BOFL)
November 20, 2009 10:19 AM
Comverge, Inc. (NASDAQ: COMV) was today downgraded by Ardour Capital to Hold from Buy, and reduced their price target to $11.50 from $17. COMV is now down 4.81% at $10.09. In the last six months, COMV is up only 3%.
Chordiant Software, Inc. (NASDAQ: CHRD) was today downgraded by Wedbush Morgan to Neutral from Out Perform and reduced its price target from $4.75 to $3.50. Now, CHRD is down 9.16% to $2.92.
Verisign, Inc. (NASDAQ: VRSN) fell 1.23% to $21.61 on 1.45 million shares after Wedbush Morgan downgraded VRSN to Neutral from Outperform and also reduced its price target from $25 to $23.
CSX Corporation (NYSE: CSX) fell 1.30% to $48.46 on 834K shares in the morning trading hours. Today Stifel Nicolaus downgraded CSX to Hold from Buy. So far this year, CSX gained over 49%.
Bank of Florida Corporation (NASDAQ: BOFL) plummeted 19.60% to $0.800 after Stifel Nicolaus downgraded BOFL to Sell from Buy. BOFL also made a 52 week low at $0.68.
