Benzinga's Top Downgrades (JNJ, POWL, CNW, RY)

Johnson & Johnson JNJ was downgraded by Wells Fargo from "outperform" to "market perform." JNJ's shares closed at $62.45 yesterday. Johnson & Johnson's PEG ratio is 2.20. Powell Industries Inc POWL was downgraded by Roth Capital from "buy" to "neutral." POWL's stock closed at $32.75 yesterday. Powell Industries' trailing-twelve-month profit margin is 6.81%. Stifel Nicolaus downgraded Con-Way Inc CNW from "buy" to "hold." CNW's shares closed at $36.53 yesterday. Con-Way's PEG ratio is 2.65. Royal Bank Of Canada RY was downgraded by Morgan Stanley from "equal weight" to “underweight." RY's shares closed at $52.05 yesterday. RY's PEG ratio is 1.38. More Analyst Ratings here