Benzinga's Top Downgrades (QLGC, BCSI, STT, GS)

QLogic Corporation QLGC was downgraded by BMO Capital from "outperform" to "market perform." QLGC's shares closed at $17.92 yesterday. QLogic's PEG ratio is 1.08. Blue Coat Systems Inc BCSI was downgraded by BofA/Merrill from "neutral" to "underperform." BCSI's stock closed at $30.20 yesterday. Blue Coat Systems' trailing-twelve-month ROA is 6.81%. Janney Capital downgraded State Street Corporation STT from "buy" to "neutral." STT's shares closed at $48.00 yesterday. State Street's PEG ratio is 1.44. Analysts at Ticonderoga downgrade Goldman Sachs Group Inc GS from “buy” to “neutral.” GS' shares closed at $166.49 yesterday. Goldman Sachs' PEG ratio is 1.11. More Analyst Ratings here
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Posted In: DowngradesMarketsAnalyst RatingsAsset Management & Custody BanksCommunications EquipmentComputer Storage & PeripheralsFinancialsInformation TechnologyInvestment Banking & BrokerageTop Downgrades
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