Benzinga’s Top Downgrades (UL, BP, DRYS, EXC)

Unilever plc UL was downgraded by BofA/Merrill from “buy” to “neutral.” UL’s shares closed at $28.46 yesterday. Unilever’s earnings may fell by 32.59% this year. BofA/Merrill downgraded BP Plc BP from “buy” to “neutral.” BP’s shares closed at $31.85 yesterday. BP’s earnings are likely to dip 21.53% this year. Credit Suisse downgraded DryShips Inc DRYS from “outperform” to “neutral.” DRYS’ stock closed at $4.31 yesterday. DryShips’ 52-week trading range is $3.86 - $7.99. Exelon Corporation EXC has been downgraded by Macquarie from “neutral” to “underperform.” EXC’s closed at $41.20 yesterday. Exelon’s quarterly sales dropped 5.53%. More Analyst Ratings here
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Posted In: Short IdeasDowngradesMarketsAnalyst RatingsTrading IdeasConsumer StaplesEnergyIndustrialsIntegrated Oil & GasMarinePackaged Foods & MeatsTop DowngradesUtilities
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