Benzinga's Top Downgrades (CELG, LULU, RHT, PWR)

Celgene Corporation CELG was downgraded by RBC Capital from "outperform" to "sector perform." CELG's shares closed at $52.71 yesterday. Celgene's PEG ratio is 0.62. BofA/Merrill downgraded Lululemon Athletica Inc LULU from “neutral” to “underperform.” LULU' stock closed at $77.27 yesterday. LULU's PEG ratio is 1.79. JP Morgan downgraded Red Hat Inc RHT from “neutral” to “underweight.” RHT's shares closed at $40.58 yesterday. Red Hat's PEG ratio is 2.94. Analysts at Deutsche Bank downgraded Quanta Services Inc PWR from “buy” to “hold.” PWR's shares closed at $22.63 yesterday. Quanta Services' PEG ratio is 1.42. More Analyst Ratings here