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Benzinga's Top Downgrades

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Wells Fargo downgraded Caterpillar (NYSE: CAT) from “outperform” to “market perform.” Caterpillar's shares closed at $82.60 yesterday. Caterpillar's trailing-twelve-month ROA is 6.37%.

Analysts at ING Group downgraded ArcelorMittal (NYSE: MT) from “buy” to “hold.” ArcelorMittal's shares closed at $14.29 yesterday. ArcelorMittal's trailing-twelve-month operating margin is 5.96%.

Goldman Sachs downgraded Noble (NYSE: NE) from “buy” to “neutral.” Noble's shares closed at $35.27 yesterday. Noble's trailing-twelve-month ROE is 6.81%.

Citigroup downgraded Zynga (NASDAQ: ZNGA) from “buy” to “neutral.” Zynga's shares closed at $5.08 yesterday. Zynga's trailing-twelve-month profit margin is -41.57%.

Latest Ratings for CAT

DateFirmActionFromTo
Jan 2018JP MorganUpgradesNeutralOverweight
Dec 2017BarclaysInitiates Coverage OnOverweight
Oct 2017ArgusMaintainsBuy

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Posted-In: Top DowngradesDowngrades Analyst Ratings

 

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