Benzinga’s Top Downgrades (IRET, SWN, GRMN, STST)

Investors Real Estate Trust IRET was downgraded by Janney Montgomery from “neutral” to “sell.” IRET’s shares closed at $8.85 yesterday. Investors Real Estate Trust’s quarterly earnings tumbled 114.22%. Barclays Capital downgraded Southwestern Energy Company SWN from “overweight” to “equal weight.” SWN’s shares closed at $38.83 yesterday. Southwestern Energy’s earnings may dip 106.33% this year. BofA/Merrill downgraded Garmin Ltd GRMN from “buy” to “underperform.” GRMN’s stock closed at $29.80 yesterday. Garmin’s quarterly earnings declined 23.23%. ARGON ST Inc STST was downgraded by Raymond James from “outperform” to “market perform.” STST’s shares closed at $34.30 yesterday. ARGON’s quarterly earnings fell 20.12%. More Analyst Ratings here