Benzinga's Top Downgrades

Analysts at Bank of America downgraded ViroPharma VPHM from “neutral” to “underperform.” The target price for ViroPharma is set to $34. ViroPharma's shares closed at $40.78 yesterday. Morgan Stanley downgraded Intuit INTU from “equal-weight” to “underweight.” The target price for Intuit is set to $62. Intuit's shares closed at $66.30 yesterday. Jefferies downgraded Tanger Factory Outlet Centers SKT from “buy” to “hold.” The target price for Tanger Factory Outlet Centers has been lowered from $40 to $35. Tanger Factory Outlet's shares closed at $32.55 yesterday. Analysts at Baird downgraded Joy Global JOY from “outperform” to “neutral.” The target price for Joy Global has been lowered from $57 to $55. Joy Global's shares closed at $52.96 yesterday.