Benzinga's Top Downgrades

Analysts at Jefferies downgraded Diamond Foods DMND from “hold” to “underperform.” Diamond Foods' shares closed at $15.13 on Friday. Diamond Foods' trailing-twelve-month ROE is -12.38%. Analysts at Wells Fargo downgraded K12 LRN from “outperform” to “market perform.” K12's shares closed at $20.45 on Friday. K12's trailing-twelve-month operating margin is 4.54%. Analysts at Goldman Sachs downgraded Cepheid CPHD from “buy” to “neutral.” Cepheid's shares closed at $30.53 on Friday. Cepheid's PEG ratio is -4.04. RW Baird downgraded PennantPark Investment PNNT from “outperform” to “neutral.” PennantPark's shares closed at $10.38 on Friday. PennantPark is expected to report earnings of $0.28 per share for the December quarter.