Benzinga's Top Downgrades

Analysts at Bank of America downgraded Emulex

from “buy” to “underperform.” The target price for Emulex has been lowered from $8.50 to $5. Emulex's shares closed at $7.15 yesterday. Analysts at Morgan Stanley downgraded Coach

from “equal-weight” to “underweight.” The target price for Coach is set to $36. Coach's shares closed at $44.65 yesterday. RBC Capital downgraded EXCO Resources

from “sector perform” to “underperform.” The target price for EXCO Resources has been lowered from $5 to $4. EXCO Resources' shares closed at $6.35 yesterday. Wunderlich downgraded CEVA

from “buy” to “hold.” target price for CEVA has been lowered from $20 to $16. CEVA's shares closed at $16.23 yesterday.