Benzinga's Top Downgrades

Analysts at Citigroup downgraded

from Neutral to Sell. Waddell & Reed Financial shares closed at $28.97 on Monday. BTIG Research downgraded

from Buy to Neutral. Verizon Communications shares closed at $45.45 on Monday. RBC Capital downgraded

from Outperform to Sector Perform. Johnson Controls shares closed at $39.67 on Monday. Analysts at UBS downgraded

from Buy to Neutral. Dow Chemical shares closed at $51.28 on Monday. Analysts at Morgan Stanley downgraded

from Overweight to Equal-weight. The price target for Safe Bulkers has been lowered from $3.50 to $1. Safe Bulkers shares closed at $0.938 on Monday. Credit Suisse downgraded

from Neutral to Underperform. The price target for KB Home has been lowered from $17 to $12. KB Home shares closed at $12.38 on Monday. Goldman Sachs downgraded

from Buy to Neutral. VeriFone shares closed at $26.45 on Monday. Analysts at RBC Capital downgraded

from Outperform to Sector Perform. American Axle & Manufact. Holdings shares closed at $20.79 on Monday. Analysts at Argus Research downgraded

from Buy to Hold. Apache shares closed at $43.49 on Monday. Analysts at DA Davidson downgraded

from Buy to Neutral. The price target for Jarden has been lowered from $64 to $56. Jarden shares closed at $54.09 on Monday.