Benzinga's Top Downgrades (ADBE, CPLA, CREE, BBBB)

Adobe Systems Incorporated ADBE was downgraded by FBR Capital from "market perform" to "underperform." ADBE's shares closed at $33.65 yesterday. Adobe Systems' PEG ratio is 1.07. First Analysis downgraded Capella Education Company CPLA from “overweight” to “equal weight.” CPLA's stock closed at $48.71 yesterday. Capella Education's trailing-twelve-month revenue is $426.12 million. Wunderlich downgraded Cree Inc CREE from “buy” to “hold.” CREE's shares closed at $40.81 yesterday. CREE's trailing-twelve-month ROA is 7.39%. Analysts at BofA/Merrill downgraded Blackboard Inc BBBB from “buy” to “underperform.” BBBB's shares closed at $47.91 yesterday. Blackboard's trailing-twelve-month profit margin is 3.72%. More Analyst Ratings here