Benzinga’s Top Downgrades (ARD, SKBI, TASR, TSO, MIR)
Arena Resources Inc (NYSE: ARD) was downgraded by CK Cooper from “buy” to “hold.” ES’ shares jumped 6.68% to $36.55 by 11:13 am. ARD has a 52-week trading range of $26.42-$45.72.
WBB Securities downgraded Skystar Bio Pharmaceutical Company (NASDAQ: SKBI) from “sell” to “sell short.” SKBI’s shares had lost 2.32% to $11.36 by 11:13 am. The 52-week trading range for Skystar Bio Pharmaceutical is $0.63-$13.50.
JP Morgan downgraded TASER International Inc (NASDAQ: TASR) from “neutral” to “underweight.” TASR’s stock has slipped 4.67% to $5.51 by 11:13 am. The 52-week trading range for TASER International is $3.94-$7.88.
Tesoro Corporation (NYSE: TSO) has been downgraded by Deutsche Bank from “buy” to “hold.” TSO has lost 5.98% to $13.53 by 11:13 am. The 52-week trading range for TSO is $10.51-$18.46.
Mirant Corporation (NYSE: MIR) has been downgraded by BMO Capital Markets from “market perform” to “underperform.” MIR has fallen 1.21% to $10.58 at 11:13 am. Mirant’s 52-week trading range is $10.67-$19.12.
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