Benzinga’s Top Downgrades (COG, CHNG, EV, MOT)

Cabot Oil & Gas Corporation COG was downgraded by Morgan Stanley from “equal weight” to “underweight.” COG’s shares closed at $30.15 yesterday. Cabot Oil & Gas’ quarterly earnings dropped 15.10% y/y. Roth Capital downgraded China Natural Gas Inc CHNG from "hold" to "sell." CHNG’s shares closed at $5.98 yesterday. China Natural Gas’ quarterly earnings fell 35.71% y/y. Citigroup downgraded Eaton Vance Corp EV from "hold" to "sell." EV’s stock closed at $27.79 yesterday. Eaton Vance’s earnings are likely to fall by 31.44% this year. Motorola Inc MOT was downgraded by Standpoint Research from “buy” to “hold.” MOT’s shares closed at $7.79 yesterday. Motorola’s earnings have dipped 33.32% in the past 5 years. More Analyst Ratings here
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Posted In: EarningsShort IdeasDowngradesMarketsAnalyst RatingsTrading IdeasAsset Management & Custody BanksCommunications EquipmentEnergyFinancialsInformation TechnologyOil & Gas Exploration & ProductionTop Downgrades
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