Benzinga's Top Downgrades

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Analysts at Barclays downgraded
Lockheed Martin CorporationLMT
from Equal-weight to Underweight. The price target for Lockheed Martin has been lowered from $215 to $210. Lockheed Martin shares closed at $225.96 on Friday. Evercore ISI Group downgraded
Marriott International IncMAR
from Buy to Hold. Marriott shares closed at $71.48 on Friday. Analysts at Wolfe Research downgraded
FedEx CorporationFDX
from Outperform to Peer Perform. FedEx shares closed at $164.19 on Friday. Stephens & Co. downgraded
Beacon Roofing Supply, Inc. BECN
from Overweight to Equal-weight. Beacon Roofing Supply shares closed at $43.16 on Friday. Wells Fargo downgraded
Prologis Inc PLD
from Outperform to Market Perform. Prologis Power shares closed at $43.60 on Friday. Analysts at FBR Capital downgraded
Lululemon Athletica inc. LULU
from Market Perform to Underperform. The price target for Lululemon Athletica has been lowered from $55 to $42. Lululemon Athletica shares closed at $52.50 on Friday. Raymond James downgraded
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Allegiant Travel CompanyALGT
from Outperform to Market Perform and removed the price target of $255.00. Allegiant Travel shares closed at $193.28 on Friday. Analysts at Morgan Stanley downgraded
Coty IncCOTY
from Equal-weight to Underweight. The price target for Coty is set to $26. Coty shares closed at $28.91 on Friday. Analysts at RBC Capital downgraded
PACCAR IncPCAR
from Outperform to Sector Perform. The price target for PACCAR has been lowered to $57. PACCAR shares closed at $51.84 on Friday. Analysts at Oppenheimer downgraded
American Eagle OutfittersAEO
from Outperform to Perform. The price target for American Eagle has been lowered to $17. American Eagle shares closed at $16.40 on Friday.
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Posted In: DowngradesAnalyst RatingsAerospace & DefenseApparel, Accessories & Luxury GoodsConsumer DiscretionaryHotels, Resorts & Cruise LinesIndustrialsTop Downgrades
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