Benzinga's Top Downgrades

Analysts at Roth Capital downgraded Glu Mobile Inc. GLUU from Buy to Neutral. The target price for Glu Mobile has been lowered from $4.15 to $2.50. Glu Mobile shares dropped 14.23 percent to $2.29 in pre-market trading. Analysts at UBS downgraded KB Home KBH from Neutral to Sell. KB Home shares closed at $13.40 on Tuesday. Craig-Hallum downgraded Intralinks Holdings Inc IL from Buy to Hold. IntraLinks Holdings shares closed at $8.67 on Tuesday. Needham downgraded Cray Inc. CRAY from Buy to Hold. Cray shares dropped 21.61 percent to $30.50 in pre-market trading. Analysts at Morgan Stanley downgraded GrubHub Inc GRUB from Overweight to Equal-weight. The target price for GrubHub has been lowered from $37 to $30. GrubHub shares closed at $24.65 on Tuesday. Oppenheimer downgraded Childrens Place Inc PLCE from Outperform to Perform. Children's Place shares fell 3.34 percent to $72.97 in pre-market trading. Canaccord Genuity downgraded Starwood Hotels & Resorts Worldwide Inc HOT from Buy to Hold. Starwood Hotels shares closed at $82.29 on Tuesday.