Benzinga's Top Downgrades

Analysts at Imperial Capital downgraded

from Outperform to In-line. The target price for Penn Virginia has been lowered from $7 to $3.75. Penn Virginia shares closed at $3.59 yesterday. Nomura downgraded

from Buy to Neutral. The target price for Receptos has been raised from $202 to $232. Receptos shares closed at $207.18 yesterday. Analysts at Goldman Sachs downgraded

from Buy to Neutral. Vodafone shares closed at $36.99 yesterday. Raymond James downgraded

from Strong Buy to Outperform. The target price for Manhattan Associates has been raised from $63 to $69. Manhattan Associates shares closed at $62.39 yesterday. Deutsche Bank downgraded

from Hold to Sell. The target price for Cincinnati Financial has been lowered from $46 to $43. Cincinnati Financial shares closed at $54.17 yesterday. Morgan Stanley downgraded

from Overweight to Equalweight. Eli Lilly shares closed at $88.73 yesterday. Analysts at Susquehanna downgraded

from Positive to Neutral. LPL Financial shares closed at $46.35 yesterday. Jefferies downgraded

from Buy to Hold. Health Net shares closed at $68.12 yesterday. Global Hunter downgraded

from Buy to Accumulate. Graco shares closed at $69.58 yesterday.