Benzinga's Top Downgrades - Ciena (NYSE:CIEN), Caterpillar (NYSE:CAT)

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 IncSSS

from Outperform to Market Perform. Sovran Self Storage shares closed at $88.85 yesterday. Analysts at Keefe Bruyette & Woods downgraded

First Connecticut Bancorp IncFBNK

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 SemiconductorPSEM

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 CorporationCIEN

from Buy to Hold. CIENA shares closed at $22.97 yesterday. Analysts at Raymond James downgraded NetSuite Inc

from Market Perform to Underperform. Netsuite shares closed at $88.01 yesterday.

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