Benzinga's Top Downgrades

Analysts at Bank of America downgraded Dreamworks Animation SKG DWA from “neutral” to “underperform.” The target price for Dreamworks Animation has been lowered from $33.50 to $22. Dreamworks Animation's shares closed at $26.86 on Friday. Longbow Research downgraded Panera Bread Company PNRA from “neutral” to “underperform.” The target price for Panera Bread is set to $138. Panera Bread's shares closed at $168.16 on Friday. Analysts at BMO Capital downgraded CenturyLink CTL from “outperform” to “market perform.” The price target for CenturyLink has been raised from $32 to $33. CenturyLink's shares closed at $34.76 on Friday. Stifel Nicolaus downgraded Allergan AGN from “buy” to “hold” and removed the price target of $125. Allergan's shares closed at $168.15 on Friday.