Benzinga’s Top Downgrades (SWN, UPL, DO, RBA)

Southwestern Energy Company SWN was downgraded by Goldman from “buy” to “neutral.” SWN’s shares closed at $38.81 yesterday. Southwestern Energy’s earnings are likely to fall by 106.33% this year. Goldman downgraded Ultra Petroleum Corp UPL from “buy” to “neutral.” UPL’s shares closed at $45.67 yesterday. Ultra Petroleum’s earnings may dip 212.70% this year. Jefferies downgraded Diamond Offshore Drilling Inc DO from “hold” to “underperform.” DO’s stock closed at $65.91 yesterday. Diamond Offshore Drilling’s quarterly earnings dropped 16.60% y/y. Ritchie Bros Auctioneers RBA was downgraded by RBC Capital from “sector perform” to “underperform.” RBA’s shares closed at $18.66. Ritchie Bros Auctioneers’ quarterly earnings moved down 35.86% y/y. More Analyst Ratings here.