Benzinga's Top Downgrades

Analysts at Citigroup downgraded Albemarle ALB from “buy” to “neutral.” The target price for Albemarle has been lowered from $74 to $71. Albemarle's shares closed at $64.67 yesterday. Analysts at Jefferies downgraded Apple AAPL from “buy” to “hold.” The target price for Apple has been lowered from $800 to $500. Apple's shares closed at $514.01 yesterday. Analysts at Credit Suisse downgraded Netflix NFLX from “outperform” to “neutral.” The target price for Netflix has been raised from $80 to $132. Netflix's shares closed at $103.26 yesterday. UBS downgraded Veeco Instruments VECO from “buy” to “neutral.” The target price for Veeco has been lowered from $35 to $34. Veeco's shares closed at $33.61 yesterday.