Benzinga's Top Downgrades

Analysts at Bernstein downgraded Northrop Grumman Corporation NOC from Outperform to Market Perform. The price target for Northrop Grumman has been raised from $177 to $184. Northrop Grumman's shares closed at $167.60 yesterday. Analysts at Piper Jaffray downgraded Williams-Sonoma Inc. WSM from Overweight to Neutral. The price target for Williams-Sonoma is set to $84. Williams-Sonoma's shares closed at $81.70 yesterday. Jefferies downgraded Waddell & Reed Financial, Inc. WDR from Buy to Hold. The price target for Waddell & Reed Financial is set to $50. Waddell & Reed Financial's shares closed at $50.07 yesterday. Analysts at Canaccord Genuity downgraded Insulet Corporation PODD from Buy to Hold. The price target for Insulet has been lowered from $38 to $35. Insulet's shares closed at $32.36 yesterday.