Benzinga's Top Downgrades

Analysts at JP Morgan downgraded 3M Company MMM from “equal-weight” to “underweight.” The target price for 3M Company has been lowered from $123 to $122. 3M shares closed at $133.51 on Friday. Analysts at Morgan Stanley downgraded Dover DOV from “overweight” to “equal-weight.” The target price for Dover has been raised from $93 to $94. Dover's shares closed at $90.74 on Friday. Analysts at Sterne Agee downgraded Urban Outfitters URBN from “buy” to “neutral.” The target price for Urban Outfitters has been lowered from $45 to $42. Urban Outfitters' shares closed at $39.02 on Friday. Analysts at Deutsche Bank downgraded Axis Capital Holdings AXS from “hold” to “sell.” The target price for Axis Capital Holdings has been lowered from $45 to $40. Axis Capital's shares closed at $49.13 on Friday.