Benzinga's Top Downgrades

Analysts at Piper Jaffray downgraded VeriFone Systems PAY from “overweight” to “neutral.” The target price for VeriFone has been lowered from $42 to $24. VeriFone's shares closed at $31.89 yesterday. Analysts at Jefferies downgraded Heckmann HEK from “buy” to “hold.” The target price for Heckmann has been lowered from $5.50 to $4.50. Heckmann's shares closed at $3.68 yesterday. Analysts at UBS downgraded Spectra Energy Partners LP SEP from “buy” to “neutral.” The target price for Spectra Energy Partners has been raised from $33 to $37.50. Spectra Energy Partners' shares closed at $36.33 yesterday. Janney Capital downgraded OfficeMax OMX from “buy” to “neutral.” OfficeMax's shares closed at $12.09 yesterday.