Benzinga's Top Downgrades
Benzinga 10 years ago
DowngradesAnalyst Ratings
- Bank of America downgraded Garmin Ltd. (NASDAQ: GRMN) from Buy to Underperform. Garmin shares gained 1.09 percent to close at $55.46 on Wednesday.
- Goldman Sachs downgraded Inovalon Holdings Inc (NASDAQ: INOV) from Buy to Neutral. The price target for Inovalon Holdings has been lowered from $25 to $17. Inovalon Holdings shares dropped 19.36 percent to $15.54 in pre-market trading.
- Analysts at KeyBanc downgraded Sovran Self Storage Inc (NYSE: SSS) from Sector Weight to Underweight. Sovran Self Storage shares fell 1.26 percent to close at $99.46 on Wednesday.
- Analysts at Oppenheimer downgraded Horizon Technology Finance Corp (NASDAQ: HRZN) from Outperform to Perform. Horizon Tech Finance shares fell 0.36 percent to close at $13.70 on Wednesday.
- Mizuho Securities downgraded Sucampo Pharmaceuticals, Inc. (NASDAQ: SCMP) from Buy to Neutral. Sucampo Pharmaceuticals shares gained 10.98 percent to close at $12.94 on Wednesday.
- Barclays downgraded FleetMatics Group PLC (NYSE: FLTX) from Overweight to Equal-weight. FleetMatics Group shares rose 0.03 percent to close at $59.59 on Wednesday.
- Analysts at Stifel Nicolaus downgraded Saia Inc (NASDAQ: SAIA) from Buy to Hold. Saia shares rose 3.12 percent to close at $29.72 on Wednesday.
- Analysts at Baird downgraded Sunoco LP (NYSE: SUN) from Outperform to Neutral. Sunoco shares fell 3.56 percent to $29.80 in pre-market trading.
- Susquehanna downgraded Taylor Morrison Home Corp (NYSE: TMHC) from Positive to Neutral. Taylor Morrison Home shares rose 4.89 percent to close at $16.73 on Wednesday.
- Janney Capital downgraded Sangamo Biosciences, Inc. (NASDAQ: SGMO) from Buy to Neutral. Sangamo BioSciences shares dropped 22.51 percent to $5.30 in pre-market trading.