Benzinga’s Top Downgrades (LNCR, NVE, MTB, BEN)

Lincare Holdings Inc LNCR was downgraded by Jefferies from “buy” to “hold.” LNCR’s shares closed at $32.27 yesterday. Lincare Holdings’ earnings may fell by 34.57% this year. Oppenheimer downgraded NV Energy Inc NVE from “outperform” to “perform.” NVE’s shares closed at $12.72 yesterday. NV Energy’s earnings may dip 12.65% this year. SunTrust downgraded M&T Bank Corporation MTB from “buy” to “neutral.” MTB’s stock closed at $89.34 yesterday. M&T Bank’s earnings are likely to move down 42.21% this year. Franklin Resources Inc BEN has been downgraded by Goldman Sachs from “buy” to “neutral.” BEN’s shares closed at $93.10 yesterday. The 52-week trading range for Franklin Resources is $65.07 - $121.90. More Analyst Ratings here
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Posted In: Short IdeasDowngradesMarketsAnalyst RatingsTrading IdeasAsset Management & Custody BanksFinancialsHealth CareHealth Care ServicesRegional BanksTop Downgrades
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