Benzinga's Top Downgrades

Credit Suisse downgraded Enbridge Inc (USA) ENB from Outperform to Neutral. The target price for Enbridge has been lowered from $70 to $54. Enbridge shares closed at $34.74 on Wednesday. Analysts at JP Morgan downgraded Petroleo Brasileiro SA Petrobras (ADR) PBR from Neutral to Underperform. Petrobras shares closed at $3.12 on Wednesday. Analysts at Dougherty & Company downgraded GoPro Inc GPRO from Buy to Neutral. GoPro shares closed at $10.71 on Wednesday. Canaccord Genuity downgraded Illumina, Inc. ILMN from Buy to Hold. The target price for Illumina has been lowered to $160. Illumina shares closed at $149.46 on Wednesday. Analysts at Longbow Research downgraded Buffalo Wild Wings BWLD from Buy to Neutral. Buffalo Wild Wings shares closed at $143.64 on Wednesday. Analysts at Piper Jaffray downgraded Pacific Biosciences of California PACB from Overweight to Neutral. The target price for Pacific Biosciences has been raised from $9 to $11. Pacific Biosciences shares closed at $12.37 on Wednesday. Credit Suisse downgraded Franco-Nevada Corporation FNV from Outperform to Neutral. The target price for Franco-Nevada has been lowered from $57 to $53. Franco-Nevada shares closed at $47.30 on Wednesday. Goldman Sachs downgraded Westinghouse Air Brake Technologies Corp WAB from Buy to Neutral. Westinghouse Air Brake shares closed at $63.73 on Wednesday. Analysts at Stifel Nicolaus downgraded Synchronoss Technologies, Inc. SNCR from Buy to Hold. Synchronoss Technologies shares closed at $26.72 on Wednesday. Analysts at FBR Capital downgraded Peabody Energy Corporation BTU from Market Perform to Underperform. Peabody Energy shares closed at $4.18 on Wednesday.