Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Huntington Bancshares Incorporated HBAN from Overweight to Equal-weight. The price target for Huntington Bancshares is set to $12.50. Huntington Bancshares shares closed at $11.06 on Wednesday. Deutsche Bank downgraded Tesoro Corporation TSO from Buy to Hold. The price target for Tesoro has been lowered from $131 to $128. Tesoro shares closed at $107.82 on Wednesday. Analysts at Stifel Nicolaus downgraded Men's Wearhouse Inc MW from Buy to Hold. Men's Wearhouse shares closed at $18.53 on Wednesday. Citigroup downgraded Yahoo! Inc. YHOO from Buy to Neutral. The price target for Yahoo! has been raised from $39 to $40. Yahoo! shares closed at $34.40 on Wednesday. Analysts at Bernstein downgraded Lululemon Athletica inc. LULU from Outperform to Market Perform. The price target for Lululemon Athletica has been lowered from $62 to $50. Lululemon Athletica shares closed at $45.31 on Wednesday. Analysts at JP Morgan downgraded Qualys Inc QLYS from Neutral to Underweight. Qualys shares closed at $37.76 on Wednesday. Needham downgraded First Solar, Inc. FSLR from Buy to Hold. First Solar shares closed at $58.85 on Wednesday. Exane BNP Paribas downgraded Sanofi SA (ADR) SNY from Neutral to Underperform. Sanofi shares closed at $42.22 on Wednesday. Analysts at RBC Capital downgraded AEGON N.V. (ADR) AEG from Outperform to Sector Perform. Aegon shares closed at $5.87 on Wednesday. Analysts at Credit Suisse downgraded Gol Linhas Aereas Inteligentes SA (ADR) GOL from Neutral to Underperform. Gol Linhas Aereas Inteligentes shares closed at $0.875 on Wednesday.
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Posted In: DowngradesAnalyst RatingsApparel, Accessories & Luxury GoodsConsumer DiscretionaryTop Downgrades
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