Benzinga's Top Downgrades

Stifel Nicolaus downgraded Belden BDC from “buy” to “hold.” Belden's shares closed at $34.49 yesterday. Belden's trailing-twelve-month ROA is 6.53%. Analysts at Credit Suisse downgraded The Toronto-Dominion Bank TD from “outperform” to “neutral.” Toronto-Dominion Bank's shares closed at $81.29 yesterday. Toronto-Dominion Bank's trailing-twelve-month ROE is 13.97%. Analysts at UBS downgraded Layne Christensen Co LAYN from “neutral” to “sell.” Layne Christensen's shares closed at $20.05 yesterday. Layne Christensen's trailing-twelve-month profit margin is -5.73%. Credit Suisse downgraded Air France-KLM SA AFLYY from “neutral” to “underperform.” Air France-KLM's PEG ratio is -0.03.