Benzinga's Top Downgrades (EXPE, S, CEPH, MU)

Expedia Inc EXPE was downgraded by BofA/Merrill from "buy" to "neutral." EXPE's shares closed at $25.69 yesterday. Expedia's trailing-twelve-month ROA is 6.80%. Sprint Nextel Corporation S was downgraded by Goldman from "buy" to "neutral." Sprint Nextel's stock closed at $4.60 yesterday. Sprint Nextel's PEG ratio is -4.24. Analysts at JP Morgan downgrade Cephalon Inc CEPH from “overweight” to “neutral.” CEPH's shares closed at $60.11 yesterday. Cephalon's PEG ratio is 1.09. Analysts at Wells Fargo downgraded Micron Technology Inc MU from “outperform” to “market perform.” MU's shares closed at $11.31 yesterday. Micron's PEG ratio is 1.92. More Analyst Ratings here
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Posted In: DowngradesMarketsAnalyst RatingsBiotechnologyConsumer DiscretionaryHealth CareInformation TechnologyInternet RetailSemiconductorsTelecommunication ServicesTop DowngradesWireless Telecommunication Services
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