Benzinga's Top Downgrades

Analysts at Jefferies & Company downgraded El Paso Electric Company EE from “buy” to “hold.” EE's stock closed at $33.17 yesterday. El Paso Electric's PEG ratio is 2.93. Analysts at Nomura downgraded CNOOC Limited CEO from “buy” to “neutral.” CNOOC's shares closed at $234.81 yesterday. CNOOC's trailing-twelve-month ROA is 15.49%. Analysts at CLSA downgraded Bank of America Corp BAC from “buy” to “outperform.” BAC's shares closed at $9.57 yesterday. Bank of America's PEG ratio is -7.18. Roth Capital downgraded Uroplasty Inc UPI from “buy” to “neutral.” UPI's shares closed at $8.31 yesterday. Uroplasty's trailing-twelve-month ROE is -29.20%.