Benzinga's Top Downgrades (MRVL, MTSC, SWY, BRCM)

Marvell Technology Group Ltd MRVL was downgraded by Goldman Sachs from "buy" to "neutral." MRVL's stock closed at $20.46 yesterday. Marvell Technology's 52-week trading range is $13.87-$22.87 MTS Systems Corporation MTSC was downgraded by Janney Capital from "buy” to "neutral." MTSC's shares closed at $38.88 yesterday. MTS Systems' 52-week trading range is $24.46-$39.45 Barclays downgraded Safeway Inc SWY from "equal weight" to “underweight." SWY's shares closed at $22.29 yesterday. Safeway's 52-week trading range is $18.62-$26.73. Broadcom Corporation BRCM was downgraded by Wells Fargo from "outperform" to “market perform." BRCM's shares closed at $46.55 yesterday. Broadcom's shares have moved up 49.29% so far this year. More Analyst Ratings here