Benzinga's Top Downgrades (SNIC, SVNT, FAST, PSA)

Sonic Solutions SNIC was downgraded by BMO Capital from "outperform" to "market perform." SNIC's shares closed at $15.35 yesterday. Sonic Solutions' PEG ratio is -11.82. Savient Pharmaceuticals Inc SVNT was downgraded by BofA/Merrill from "neutral" to "underperform." SVNT's stock closed at $10.76 yesterday. Savient Pharmaceuticals' trailing-twelve-month ROE is -1,974.99%. Piper Jaffray downgraded Fastenal Company FAST from "overweight" to "neutral." FAST's shares closed at $60.95 yesterday. Fastenal's PEG ratio is 1.64. Public Storage PSA was downgraded by Macquarie from “outperform” to “neutral.” PSA's shares closed at $104.84 yesterday. Public Storage's PEG ratio is 5.53. More Analyst Ratings here
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