Benzinga's Top Downgrades

Analysts at Deutsche Bank downgraded Alcatel-Lucent ALU from “overweight” to “neutral.” Alcatel-Lucent's stock closed at $5.58 yesterday. Alcatel-Lucent's trailing-twelve-month profit margin is 1.04%. Analysts at FBR Capital downgraded ProLogis Inc PLD from “outperform” to “market perform.” ProLogis' shares closed at $35.72 yesterday. ProLogis' trailing-twelve-month ROE is -19.74%. Analysts at Jefferies & Company downgraded Procter & Gamble Co PG from “buy” to “hold.” PG's shares closed at $64.72 yesterday. Procter & Gamble's trailing-twelve-month ROA is 7.18%. Piper Jaffray downgraded AnnTaylor Stores Corp ANN from “neutral” to “underweight.” ANN's shares closed at $26.88 yesterday. ANN's trailing-twelve-month profit margin is 3.85%.