Benzinga’s Top Downgrades (GILD, HME, CVE, SNMX, NETL)
Gilead Sciences Inc (NASDAQ: GILD) was downgraded by Morgan Joseph from “buy” to “sell.” GILD’s shares slipped 1.80% to $47.96 by 12:16 pm. Gilead Sciences has a 52-week trading range of $40.62-$50.70.
Keefe Bruyette downgraded Home Properties Inc (NASDAQ: HME) from “outperform” to “market perform.” HME’s shares had lost 0.37% to $45.40 by 12:16 pm. The 52-week trading range for Home Properties is $22.14-$49.23.
Credit Suisse downgraded Cenovus Energy Inc (NYSE: CVE) from “outperform” to “neutral.” CVE’s stock slipped 0.45% to $28.33 at 12:16 pm. The 52-week trading range for CVE is $22.87-$26.79. Cenovus Energy has gained 8.94% within a month.
Senomyx Inc (NASDAQ: SNMX) has been downgraded by Cantor Fitzgerald from “buy” to “hold.” SNMX had lost 5.45% to $2.43 at 12:16 pm. The 52-week trading range for SNMX is $1.35-$4.75. Senomyx has added 14.73% over the past 52 weeks.
NetLogic Microsystems Inc (NASDAQ: NETL) has been downgraded by Brigantine from “buy” to “hold.” NETL had moved up 1.94% to $53.52 at 12:16 pm. NETL’s 52-week trading range is $22.08-$54.62. NetLogic Microsystems has climbed 17.99% so far in the year.
