Benzinga's Top Downgrades

Dendreon Corporation DNDN was downgraded by Robert W. Baird from "outperform" to "neutral." DNDN's shares closed at $35.84 yesterday. Dendreon's trailing-twelve-month operating margin is -443.81%. JP Morgan downgraded Entropic Communications Inc ENTR from “overweight” to “neutral.” ENTR's stock closed at $6.68 yesterday. Entropic Communications' trailing-twelve-month ROA is 16.48%. Piper Jaffray downgraded Allergan Inc AGN from “overweight” to “neutral.” Allergan's shares closed at $79.79 yesterday. Allergan's trailing-twelve-month ROE is -0.11%. Kaufman Bros downgraded MEMC Electronic Materials Inc WFR from “buy” to “hold.” WFR's shares closed at $6.99 yesterday. WFR's trailing-twelve-month profit margin is 1.56%.