Benzinga's Top Downgrades

Analysts at Barclays downgraded Hawaiian Electric Industries, Inc. HE from Equal-weight to Underweight. The price target for Hawaiian Electric Industries has been lowered from $32.50 to $26.00. Hawaiian Electric Industries' shares closed at $32.26 yesterday. Analysts at RBC Capital downgraded Yelp Inc YELP from Outperform to Sector Perform. The price target for Yelp has been lowered from $80.00 to $52.00. Yelp shares closed at $51.28 yesterday. Analysts at Longbow Research downgraded Owens-Illinois Inc OI from Buy to Neutral. Owens-Illinois' shares closed at $24.19 yesterday. Analysts at JP Morgan downgraded Varian Medical Systems, Inc. VAR from Overweight to Neutral. The price target for Varian Medical Systems is set to $90. Varian Medical Systems' shares closed at $94.82 yesterday. FBR Capital downgraded Kirby Corporation KEX from Outperform to Market Perform. The price target for Kirby is set to $75. Kirby's shares closed at $81.90 yesterday. Goldman Sachs downgraded Esterline Technologies Corporation ESL from Buy to Neutral. The price target for Esterline Technologies is set to $124. Esterline Technologies' shares closed at $115.11 yesterday. HSBC downgraded Coca-Cola FEMSA, S.A.B. de C.V. (ADR) KOF from Overweight to Hold. The price target for Coca-Cola Femsa has been lowered from $135.00 to $79.00. Coca-Cola Femsa shares closed at $81.31 yesterday. ING Bank downgraded Core Laboratories N.V. CLB from Buy to Hold. The price target for Core Laboratories has been lowered from $188.00 to $125.00. Core Laboratories' shares closed at $129.42 yesterday. BMO Capital downgrades Verisk Analytics, Inc. VRSK from Outperform to Market Perform. The price target for Verisk Analytics is set to $80. Verisk Analytics' shares closed at $76.85 yesterday. Goldman Sachs downgraded Penske Automotive Group, Inc. PAG from Neutral to Sell. The price target for Penske Automotive Group has been lowered from $44.00 to $43.00. Penske Automotive Group's shares closed at $49.96 yesterday.
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