Benzinga's Top Downgrades

Duncan Energy Partners LP DEP was downgraded by Ladenburg Thalmann from "buy" to "neutral." DEP's shares closed at $42.30 yesterday. Duncan Energy Partners' trailing-twelve-month ROA is 0.92%. Rodman & Renshaw downgraded China Information Technology Inc CNIT from “market outperform” to “market perform.” CNIT's stock closed at $1.42 yesterday. China Information Technology's trailing-twelve-month ROE is 17.63%. Bank of America downgraded Meru Networks Inc MERU from “buy” to “underperform.” MERU's shares closed at $9.61 yesterday. Meru Networks' trailing-twelve-month profit margin is -16.88%. Goldman Sachs downgraded Cenovus Energy Inc CVE from “buy” to “neutral.” CVE's shares closed at $33.60 yesterday. Cenovus Energy's PEG ratio is 1.05.