Benzinga's Top Downgrades

Analysts at FBR Capital downgraded Fossil

from “market perform” to “underperform.” The target price for Fossil is set to $95. Fossil's shares closed at $110.65 yesterday. Analysts at Deutsche Bank downgraded Cliffs Natural Resources

from “buy” to “hold.” The target price for Cliffs Natural has been lowered from $48 to $38. Cliffs Natural's shares closed at $36.61 yesterday. Analysts at Citigroup downgraded Sapient

from “buy” to “neutral.” The target price for Sapient is set to $13. Sapient's shares closed at $12.19 yesterday. UBS downgraded H. J. Heinz Company

from “buy” to “neutral.” The target price for Heinz is set to $62. Heinz's shares closed at $60.88 yesterday.