Benzinga's Top Downgrades

Credit Suisse downgraded Plains GP Holdings LP PAGP from Outperform to Neutral. The target price for Plains GP Holdings has been lowered from $14 to $8. Plains GP Holdings shares closed at $5.34 on Tuesday. Analysts at Evercore ISI Group downgraded Knight Transportation KNX from Buy to Hold. Knight Transportation shares closed at $26.23 on Tuesday. Analysts at Wells Fargo downgraded ITC Holdings Corp. ITC from Outperform to Market Perform. ITC Holdings shares closed at $38.65 on Tuesday. Raymond James downgraded CM Finance Inc CMFN from Strong Buy to Outperform. CM Finance shares closed at $7.91 on Tuesday. Analysts at Piper Jaffray downgraded CTI BioPharma Corp CTIC from Overweight to Neutral. The target price for CTI BioPharma has been lowered to $0.75. CTI BioPharma shares closed at $0.500 on Tuesday. Analysts at Cowen & Company downgraded Pandora Media Inc P from Outperform to Market Perform. The target price for Pandora has been lowered to $9. Pandora shares closed at $7.97 on Tuesday. Deutsche Bank downgraded KapStone Paper and Packaging Corp. KS from Buy to Hold. The target price for KapStone Paper and Packaging has been lowered from $22 to $14. KapStone Paper and Packaging shares closed at $14.38 on Tuesday. RBC Capital downgraded RetailMeNot Inc SALE from Sector Perform to Underperform. The target price for RetailMeNot has been lowered from $12 to $6. RetailMeNot shares closed at $5.81 on Tuesday. Analysts at Stifel Nicolaus downgraded Parkway Properties Inc PKY from Buy to Hold. Parkway Properties shares closed at $12.13 on Tuesday. Analysts at SunTrust Robinson Humphrey downgraded Ruckus Wireless Inc RKUS from Buy to Neutral. Ruckus Wireless shares closed at $7.48 on Tuesday.
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