Benzinga's Top Downgrades

Analysts at ISI Group downgraded Brocade Communications Systems BRCD from “buy” to “neutral.” The target price for Brocade Communications has been raised from $7.50 to $9. Brocade Communications' shares closed at $8.89 on Friday. Analysts at Goldman Sachs downgraded Clorox Company (The) CLX from “neutral” to “sell.” Clorox's shares closed at $93.70 on Friday. Analysts at Jefferies downgraded Schnitzer Steel Industries SCHN from “hold” to “underperform.” The target price for Schnitzer Steel Industries is set to $25. Schnitzer Steel's shares closed at $30.72 on Friday. Analysts at Raymond James downgraded JetBlue Airways JBLU from “market perform” to “underperform.” JetBlue Airways' shares closed at $9.09 on Friday.