Benzinga’s Top Downgrades (STI, RCRC, WFC, JEF, GXDX)

SunTrust Banks Inc STI was downgraded by Goldman from “conviction buy” to “buy.” STI’s shares closed at $26.99 on Friday. SunTrust’s earnings may fall by 288.18% this year. RW Baird downgraded RC2 Corporation RCRC from “outperform” to “neutral.” RCRC’s shares closed at $18.83 on Friday. RC2’s earnings dipped 3.19% over the past 5 years. Goldman Sachs downgraded Wells Fargo & Company WFC from “buy” to “neutral.” WFC’s stock closed at $30.11 on Friday. Wells Fargo’s quarterly EPS moved down 19.09%. Jefferies Group Inc JEF has been downgraded by Goldman from “sell” to “conviction sell.” JEF closed at $23.35 on Friday. The 52-week trading range for Jefferies is $17.71-$30.81. Genoptix Inc GXDX has been downgraded by Auriga from “buy” to “sell.” GXDX’s shares closed at $27.14 on Friday. Genoptix’s quarterly sales dropped 11.90%. More Analyst Ratings here
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Posted In: EarningsShort IdeasDowngradesMarketsAnalyst RatingsTrading IdeasConsumer DiscretionaryDiversified BanksFinancialsHealth CareHealth Care ServicesInvestment Banking & BrokerageLeisure ProductsRegional BanksTop Downgrades
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