Benzinga's Top Downgrades

Analysts at Barclays downgrades Valeant Pharmaceuticals Intl Inc VRX from Overweight to Equal-weight. The target price for Valeant has been lowered from $135 to $34. Valeant shares closed at $26.98 on Friday. Mizuho Securities downgraded UDR, Inc. UDR from Buy to Neutral. UDR shares closed at $37.79 on Friday. Bernstein downgraded Intel Corporation INTC from Market Perform to Underperform. Intel shares closed at $32.68 on Friday. Analysts at Deutsche Bank downgraded The Valspar Corp VAL from Buy to Hold. Valspar shares closed at $83.80 on Friday. Analysts at Jefferies downgraded United States Steel Corporation X from Hold to Underperform. The target price for United States Steel has been raised to $10. United States Steel shares closed at $15.77 on Friday. Bank of America downgraded Copart, Inc. CPRT from Buy to Neutral. Copart shares closed at $41.66 on Friday. Analysts at Stifel Nicolaus downgraded Lions Gate Entertainment Corp. (USA) LGF from Buy to Hold. Lions Gate Entertainment shares closed at $22.63 on Friday. Analysts Stifel Nicolaus downgraded Xylem Inc XYL from Buy to Hold. Xylem shares closed at $39.47 on Friday. Piper Jaffray downgraded Nordstrom, Inc. JWN from Overweight to Neutral. Nordstrom shares closed at $58.53 on Friday. Analysts at Macquarie downgraded NetApp Inc. NTAP from Neutral to Underperform. NetApp shares closed at $27.24 on Friday.
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