Benzinga's Top Downgrades (IGT, MEE, ARNA, NBL)

Janney Montgomery downgraded International Game Technology IGT from "buy" to "neutral." IGT's shares closed at $15.10 yesterday. International Game Technology's earnings are likely to fall by 54.15% this year. Macquarie downgraded Massey Energy Company MEE from "outperform" to "neutral." MEE's stock closed at $32.36 yesterday. Massey Energy's quarterly earnings dipped 471.37% y/y. Arena Pharmaceuticals Inc ARNA was downgraded by Davenport from “buy” to “neutral.” ARNA's shares closed at $3.74 yesterday. Arena's trailing-twelve-month profit margin is -1213.22. Noble Energy Inc NBL was downgraded by UBS from “buy” to “neutral.” NBL's shares closed at $75.60 yesterday. Noble Energy's earnings are likely to fall by 110.02% this year. More Analyst Ratings here
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