Benzinga’s Top Downgrades (ANF, SATC, PACW, ZEP, SAFM)
Abercrombie & Fitch Co (NYSE: ANF) was downgraded by RBC Capital Markets from “outperform” to “sector perform.” ANF’s shares gained 1.45% to $42.12 at 12:53 pm. Abercrombie & Fitch’s shares have added 102.64% over the past 52 weeks.
Ardour Capital downgraded Satcon Technology Corporation (NASDAQ: SATC) from “buy” to “hold.” SATC’s shares had lost 12.22% to $2.37 by 12:53 pm. SATC’s shares have jumped 126.89% over the past year.
Sterne Agee downgraded PacWest Bancorp (NASDAQ: PACW) from “buy” to “neutral.” PACW’s stock slipped 0.29% to $20.59 at 12:53 pm. PACW’s 52-week trading range is $9.34-$22.58.
Zep Inc (NYSE: ZEP) has been downgraded by BB&T Capital Markets from “buy” to “hold.” ZEP lost 1.24% to $23.01 at 12:53 pm. ZEP has soared 224.06% over the past 52 weeks.
Sanderson Farms Inc (NASDAQ: SAFM) has been downgraded by BB&T Capital Markets from “buy” to “hold.” SAFM slipped 4.47% to $50.24 at 12:53 pm. SAFM’s 52-week trading range is $22.41-$38.28.
