Benzinga's Top Downgrades (VQ, CXO, CP, CELL)

Venoco Inc VQ was downgraded BMO Capital from "outperform" to "market perform." VQ's shares closed at $16.68 yesterday. Venoco's PEG ratio is 1.70. Stifel Nicolaus downgraded Concho Resources Inc CXO from “buy” to “hold.” CXO's stock closed at $108.16 yesterday. Concho Resources' trailing-twelve-month ROE is 9.84%. Goldman downgraded Canadian Pacific Railway Limited CP from “buy” to “neutral.” CP's shares closed at $64.05 yesterday. CP's trailing-twelve-month ROA is 4.78%. Analysts at Citigroup downgraded Brightpoint Inc CELL from “buy” to “hold.” CELL's shares closed at $10.38 yesterday. Brightpoint's trailing-twelve-month profit margin is 0.84%. More Analyst Ratings here