Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Strayer Education STRA from “equal-weight” to “underweight.” The target price for Strayer Education is set to $30. Strayer Education's shares closed at $39.42 yesterday. Analysts at Bank of America downgraded PetSmart PETM from “buy” to “neutral.” The target price for PetSmart has been lowered from $90 to $80. PetSmart's shares closed at $72.75 yesterday. Analysts at Deutsche Bank downgraded Advance Auto Parts AAP from “buy” to “hold.” The target price for Advance Auto Parts has been raised from $92 to $106. Advance Auto Parts' shares closed at $99.18 yesterday. BMO Capital downgraded Avon Products AVP from “outperform” to “market perform.” The target price for Avon Products has been lowered from $26 to $18. Avon's shares closed at $17.50 yesterday.