Benzinga's Top Downgrades

Analysts at Credit Suisse downgraded Pier 1 Imports Inc PIR from Outperform to Neutral. The price target for Pier 1 Imports has been lowered from $9.50 to $7. Pier 1 Imports shares closed at $6.42 on Thursday. Keefe Bruyette & Woods downgraded Piper Jaffray Companies PJC from Outperform to Market Perform. The price target for Piper Jaffray is set to $43. Piper Jaffray shares closed at $41.87 on Thursday. Citigroup downgraded GoPro Inc GPRO from Buy to Neutral. The price target for GoPro has been lowered from $75 to $22. GoPro shares closed at $18.83 on Thursday. Analysts at Bank of America downgraded Party City Holdco Inc PRTY from Buy to Neutral. Party City Holdco shares closed at $13.55 on Thursday. Analysts at Citigroup downgraded W.P. Carey Inc. REIT WPC from Neutral to Sell. The price target for W P Carey has been lowered from $70 to $54. W P Carey shares closed at $60.05 on Thursday. Analysts at Keefe Bruyette & Woods downgraded JMP Group Inc. JMP from Outperform to Market Perform. The price target for JMP Group has been lowered from $8.50 to $6.75. JMP Group shares closed at $5.71 on Thursday. Argus Research downgraded Chipotle Mexican Grill, Inc. CMG from Buy to Hold. Chipotle Mexican Grill shares closed at $576.02 on Thursday. Bank of America downgraded Container Store Group Inc TCS from Buy to Underperform. Container Store shares closed at $10.10 on Thursday. Analysts at Credit Suisse downgrades Store Capital Corp STOR from Neutral to Underperform. The price target for STORE Capital has been lowered from $24 to $23. STORE Capital shares closed at $22.75 on Thursday. Analysts at Bank of America downgraded Staples, Inc. SPLS from Buy to Underperform. Staples shares closed at $9.96 on Thursday.