Benzinga’s Top Downgrades (IGT, DWA, BHP, AN)

International Game Technology IGT was downgraded by Goldman Sachs from “neutral” to “sell.” IGT’s shares closed at $19.59 yesterday. International Game Technology’s quarterly earnings tumbled 97.95%. Goldman Sachs downgraded DreamWorks Animation SKG Inc DWA from “buy” to “neutral.” DWA’s shares closed at $29.19 yesterday. DreamWorks Animation’s quarterly earnings dipped 65.46%. JP Morgan downgraded BHP Billiton Limited BHP from “neutral” to “underweight.” BHP’s stock closed at $67.83 yesterday. BHP Billiton’s earnings are likely to fall by 61.65% this year. AutoNation Inc AN has been downgraded by BofA/Merrill from “buy” to “neutral.” AN’s shares closed at $21.80 yesterday. AutoNation’s sales have dropped 10.18% over the past 5 years. More Analyst Ratings here
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Posted In: Short IdeasDowngradesMarketsAnalyst RatingsTrading IdeasAutomotive RetailCasinos & GamingConsumer DiscretionaryDiversified Metals & MiningMaterialsMovies & EntertainmentTop Downgrades
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