Benzinga's Top Downgrades

Analysts at Raymond James downgraded Manning and Napier Inc MN from Outperform to Market Perform. Manning & Napier shares closed at $8.32 on Friday. Baird downgraded Solera Holdings Inc SLH to Neutral. The target price for Solera Holdings has been raised from $53 to $56. Solera Holdings shares closed at $49.45 on Friday. BTIG Research downgraded H & R Block Inc HRB from Buy to Neutral. H&R Block shares closed at $36.15 on Friday. Analysts at Nomura downgraded Telecom Italia SpA (ADR) TI from Neutral to Reduce. Telecom Italia shares closed at $12.34 on Friday. Cowen & Company downgraded Timkensteel Corp TMST from Outperform to Market Perform. The target price for TimkenSteel has been lowered from $28 to $12. TimkenSteel shares closed at $15.60 on Friday. Analysts at Bank of America downgraded Mattress Firm Holding Corp MFRM from Buy to Neutral. The target price for Mattress Firm Holding has been lowered from $75 to $55. Mattress Firm Holding shares closed at $46.29 on Friday. Analysts at Barclays downgraded Alexion Pharmaceuticals, Inc. ALXN from Overweight to Equal-weight. The target price for Alexion Pharmaceuticals has been lowered from $220 to $205. Alexion Pharmaceuticals shares closed at $171.93 on Friday. Analysts at Suntrust Robinson Humphrey downgraded Solera Holdings Inc SLH from Buy to Neutral. Solera Holdings shares closed at $49.45 on Friday.