Benzinga's Top Downgrades

Haemonetics Corporation HAE was downgraded by Morgan Keegan from "outperform" to "market perform." HAE's shares closed at $65.18 yesterday. Haemonetics' trailing-twelve-month ROA is 8.65%. Robert W. Baird downgraded Constant Contact Inc CTCT from “outperform” to “neutral.” CTCT's stock closed at $20.92 yesterday. Constant Contact's trailing-twelve-month operating margin is 0.68%. Benchmark Company downgraded STEC Inc STEC from “buy” to “hold.” STEC's shares closed at $16.70 yesterday. STEC's trailing-twelve-month revenue is $336.28 million. Ticonderoga downgraded United Continental Holdings Inc UAL from “buy” to “neutral.” UAL's shares closed at $17.16 yesterday. UAL's PEG ratio is 1.79.