Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Walter Energy WLT from “neutral” to “sell.” The target price for Walter Energy has been lowered from $9 to $5. Walter Energy's shares closed at $7.91 on Thursday. JP Morgan downgraded Yum! Brands YUM from “overweight” to “neutral.” The target price for Yum! Brands has been raised from $77 to $80. Yum's shares closed at $76.34 on Thursday. Analysts at Stifel Nicolaus downgraded Dover DOV from “buy” to “hold” and removed the price target of $88. Dover's shares closed at $85.46 on Thursday. BMO Capital downgraded PDC Energy PDCE from “outperform” to “market perform.” The target price for PDC Energy has been lowered from $70 to $63. PDC Energy's shares closed at $61.03 on Thursday.