Benzinga's Top Downgrades

Analysts at Jefferies downgraded Gap GPS from “buy” to “hold.” The target price for Gap has been lowered from $51 to $40. Gap's shares closed at $40.24 yesterday. Piper Jaffray downgraded Ulta Salon, Cosmetics & Fragrance ULTA from “overweight” to “neutral.” The target price for Ulta Salon has been lowered from $129 to $113. Ulta Salon's shares closed at $118.00 yesterday. Analysts at Sterne Agee downgraded Family Dollar Stores FDO from “neutral” to “underperform.” The target price for Family Dollar Stores has been lowered from $62 to $56. Family Dollar's shares closed at $67.60 yesterday. Bernstein downgraded C.H. Robinson Worldwide CHRW from “outperform” to “market perform.” The target price for C.H. Robinson Worldwide Stores has been lowered from $68 to $63. C.H. Robinson's shares closed at $58.27 yesterday.