Benzinga's Top Downgrades

Analysts at Baird downgraded Caterpillar Inc. CAT to Neutral. The target price for Caterpillar has been lowered from $89 to $77. Caterpillar shares closed at $74.39 yesterday. Raymond James downgraded Sovran Self Storage Inc SSS from Outperform to Market Perform. Sovran Self Storage shares closed at $88.85 yesterday. Analysts at Keefe Bruyette & Woods downgraded First Connecticut Bancorp Inc FBNK from Outperform to Market Perform. The target price for First Connecticut Bancorp is set to $17.50. First Connecticut Bancorp shares closed at $16.67 yesterday. Analysts at Raymond James downgraded Pericom Semiconductor PSEM from Outperform to Market Perform. Pericom Semiconductor shares closed at $16.77 yesterday. UBS downgraded Diana Shipping Inc. DSX from Neutral to Sell. Diana Shipping shares closed at $6.59 yesterday. Deutsche Bank downgraded Ciena Corporation CIEN from Buy to Hold. CIENA shares closed at $22.97 yesterday. Analysts at Raymond James downgraded NetSuite Inc N from Market Perform to Underperform. Netsuite shares closed at $88.01 yesterday.