Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Xerox Corp XRX from Overweight to Equal-weight. The target price for Xerox has been lowered from $13.50 to $12. Xerox shares closed at $9.75 on Friday. Analysts at Credit Suisse downgraded Ollie's Bargain Outlet Holdings Inc OLLI from Outperform to Neutral. The target price for Ollie's Bargain Outlet Holdings is set to $20. Ollie's Bargain Outlet Holdings shares closed at $22.35 on Friday. Citigroup downgraded Axiall Corp AXLL from Buy to Neutral. The target price for Axiall is set to $19. Axiall shares closed at $17.94 on Friday. Cowen & Company downgraded Tiffany & Co. TIF from Outperform to Market Perform. The target price for Tiffany has been lowered to $70. Tiffany shares closed at $63.84 on Friday. Analysts at Canaccord Genuity downgraded Ashford Hospitality Prime Inc AHP from Buy to Hold. The target price for Ashford Hospitality Prime has been lowered to $12. Ashford Hospitality Prime shares closed at $10.99 on Friday. Analysts at Keybanc downgraded American International Group Inc AIG from Outperform to Market Perform. American International shares closed at $56.45 on Friday. JP Morgan downgraded Genuine Parts Company GPC from Overweight to Neutral. Genuine Parts shares closed at $86.20 on Friday. Bank of America downgraded Nokia Corporation (ADR) NOK from Buy to Neutral. Nokia shares closed at $7.20 on Friday. Analysts at Roth Capital downgraded Outerwall Inc OUTR from Buy to Neutral. Outerwall shares closed at $33.80 on Friday. Analysts at Mizuho Securities downgraded Equity Residential EQR from Buy to Neutral. Equity Residential shares closed at $77.09 on Friday.