Benzinga's Top Downgrades

Analysts at Summit Research downgraded Splunk Inc SPLK from Buy to Hold. The target price for Splunk has been lowered from $84 to $50. Splunk shares closed at $62.13 on Friday. Leerink Swann downgraded Thoratec Corporation THOR from Outperform to Market Perform. Thoratec shares closed at $62.55 on Friday. Analysts at Raymond James downgraded Eldorado Gold Corp (USA) EGO from Outperform to Market Perform. Eldorado Gold shares closed at $3.39 on Friday. Baird downgraded W W Grainger Inc GWW from Outperform to Neutral. The target price for W W Grainger has been lowered from $258 to $240. W W Grainger shares closed at $219.85 on Friday. Drexel Hamilton downgraded Microsemi Corporation MSCC from Buy to Hold. Microsemi shares closed at $30.92 on Friday. Credit Suisse downgraded Vital Therapies Inc VTL from Outperform to Neutral. The target price for Vital Therapies has been lowered from $25 to $9. Vital Therapies shares closed at $17.68 on Friday. Analysts at Jefferies downgraded Ryerson Holding Corp RYI from Buy to Hold. The target price for Ryerson Holding has been lowered from $11 to $7.50. Ryerson Holding shares closed at $6.57 on Friday. Analysts at SunTrust Robinson Humphrey downgraded U.S. Silica Holdings Inc SLCA from Buy to Neutral. The target price for US Silica Holdings has been lowered from $29 to $20. US Silica Holdings shares closed at $20.98 on Friday. Bank of America downgraded Noble Energy, Inc. NBL from Buy to Neutral. The target price for Noble Energy has been lowered from $65 to $44. Noble Energy shares closed at $32.86 on Friday. Analysts at Needham downgraded Twenty-First Century Fox Inc FOXA from Buy to Hold. Twenty-First Century Fox shares closed at $27.94 on Friday.