Benzinga's Top Downgrades (GLCH, ADI, CPLA, FDO)

Gleacher & Company Inc (NASDAQ: GLCH) was downgraded by BofA/Merrill from "neutral" to "underperform." GLCH's shares closed at $2.10 yesterday. Gleacher's PEG ratio is 1.85.

Bernstein downgraded Analog Devices Inc (NYSE: ADI) from "outperform" to "market perform." ADI's shares closed at $41.00 yesterday. Analog Devices' PEG ratio is 1.34.

Citigroup downgraded Capella Education Company (NASDAQ: CPLA) from “buy” to “hold.” CPLA's shares closed at $52.23 yesterday. Capella Education's trailing-twelve-month profit margin is 14.34%.

Analysts at JMP Securities downgraded Family Dollar Stores Inc (NYSE: FDO) from “outperform” to “market perform.” FDO's shares closed at $43.96 yesterday. FDO's trailing-twelve-month profit margin is 4.54%.

More Analyst Ratings here