Benzinga’s Top Downgrades (ATHN, RTN, OCR, ZRAN)

Athenahealth Inc ATHN was downgraded by Auriga from “buy” to “hold.” ATHN’s shares closed at $27 yesterday. Athenahealth’s quarterly earnings dipped 42.74% y/y. Cowen downgraded Raytheon Company RTN from "outperform" to "neutral." RTN’s shares closed at $49.64 yesterday. Raytheon's 52-week trading range is $43.63 - $59.63. Credit Suisse downgraded Omnicare Inc OCR from "outperform" to "neutral." OCR’s stock closed at $26.45 yesterday. Omnicare’s quarterly sales fell 1.16% y/y. Zoran Corporation ZRAN was downgraded by Needham from “buy” to “hold.” ZRAN’s shares closed at $9.77 yesterday. Zoran’s earnings dropped 31.82% over the past 5 years. More Analyst Ratings here
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Posted In: EarningsDowngradesMarketsAnalyst RatingsTrading IdeasAerospace & DefenseHealth CareHealth Care ServicesIndustrialsInformation TechnologySemiconductorsTop Downgrades
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