Benzinga's Top Downgrades

Analysts at Oppenheimer downgraded American Express Company AXP from Market Perform to Underperform. The price target for American Express is set to $68. American Express shares closed at $79.63 yesterday. Analysts at Bank of America downgraded Ubiquiti Networks, Inc. UBNT from undefined to Underperform. The price target for Ubiquiti Networks is set to $33. Ubiquiti Networks' shares closed at $29.16 yesterday. Analysts at Jefferies downgraded Woodward, Inc. WWD from Buy to Hold. The price target for Woodward has been lowered from $59.00 to $52.00. Woodward's shares closed at $51.42 yesterday. Analysts at Piper Jaffray downgraded Intrepid Potash, Inc. IPI from Overweight to Neutral. The price target for Intrepid Potash has been lowered from $17.00 to $13.00. Intrepid Potash shares closed at $11.69 yesterday.