Benzinga's Top Downgrades

Analysts at BGC Partners downgraded Apple AAPL from “buy” to “hold.” The target price for Apple is set to $550. Apple's shares closed at $550.50 yesterday. Mediobanca downgraded J P Morgan Chase & Co JPM from “outperform” to “neutral.” J P Morgan's shares closed at $55.09 yesterday. Analysts at Bank of America downgraded Penn National Gaming PENN from “buy” to “underperform.” The target price for Penn National Gaming has been lowered from $17 to $10. Penn National's shares closed at $11.58 yesterday. SEB downgraded Seadrill SDRL from “hold” to “sell.” Seadrill's shares closed at $37.75 yesterday.