Benzinga's Top Downgrades

Analysts at Wunderlich Securities downgraded CVB Financial Corp CVBF from “buy” to “hold.” CVBF's shares closed at $11.82 yesterday. CVB Financial's trailing-twelve-month ROA is 1.27%. Analysts at Sterne Agee downgraded Annaly Capital Management Inc NLY from “neutral” to “underperform.” NLY's shares closed at $16.34 yesterday. Annaly Capital Management's PEG ratio is 2.79. Analysts at Goldman Sachs downgraded Rackspace Hosting Inc RAX from “buy” to “neutral.” RAX's shares closed at $57.80 yesterday. Rackspace Hosting's trailing-twelve-month profit margin is 7.45%. Morgan Stanley downgraded First Horizon National Corp FHN National from “overweight” to “equal-weight.” FHN's shares closed at $10.89 yesterday. First Horizon's trailing-twelve-month ROE is 5.00%.