Benzinga's Top Downgrades (G, ATHR, ITT, PIR)

Genpact Limited G was downgraded by JP Morgan from "neutral" to "underweight." G's shares closed at $15.67 yesterday. Genpact's PEG ratio is 1.33. Atheros Communications Inc ATHR was downgraded by Jefferies from "buy" to "hold." ATHR's stock closed at $44.70 yesterday. Atheros Communications' trailing-twelve-month ROA is 7.48%. Cowen downgraded ITT Corporation ITT from "outperform" to "neutral." ITT's shares closed at $61.50 yesterday. ITT's trailing-twelve-month profit margin is 6.62%. Pier 1 Imports Inc PIR was downgraded by BB&T Capital from "buy" to “hold." PIR's shares closed at $11.05 yesterday. Pier 1 Imports' trailing-twelve-month operating margin is 7.11%. More Analyst Ratings here
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Posted In: DowngradesMarketsAnalyst RatingsConsumer DiscretionaryData Processing & Outsourced ServicesHomefurnishing RetailIndustrial MachineryIndustrialsInformation TechnologySemiconductorsTop Downgrades
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