Benzinga's Top Downgrades

Analysts at RW Baird downgraded Affymax (NASDAQ: AFFY) from “outperform” to “neutral.” The target price for Affymax has been lowered from $30 to $4. Affymax's shares closed at $16.52 on Friday.

Analysts at BMO Capital downgraded SM Energy Company (NYSE: SM) from “outperform” to “market perform.” The target price for SM Energy is set to $65. SM Energy's shares closed at $61.78 on Friday.

Analysts at Global Hunter downgraded Williams Partners LP (NYSE: WPZ) from “buy” to “accumulate.” The target price for Williams Partners is set to $54. Williams Partners' shares closed at $51.34 on Friday.

Janney Capital downgraded Children's Place Retail Stores (NASDAQ: PLCE) from “buy” to “neutral.” Children's Place shares closed at $47.96 on Friday.

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