Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Urban Outfitters URBN from Overweight to Equal-weight. The price target for Urban Outfitters has been lowered from $44 to $31. Urban Outfitters' shares closed at $34.56 yesterday. Analysts at Cowen & Company downgraded Transocean RIG from Outperform to Market Perform. The price target for Transocean has been lowered from $39 to $30. Transocean's shares closed at $30.15 yesterday. Analysts at Canaccord Genuity downgraded Advanced Micro Devices AMD from Buy to Hold. The price target for Advanced Micro Devices has been lowered from $4.50 to $2.75. AMD's shares closed at $2.64 yesterday. Analysts at Cowen & Company downgraded CHC Group HELI from Outperform to Market Perform. The price target for CHC Group has been lowered from $12 to $9. CHC Group's shares closed at $5.39 yesterday.