Benzinga's Top Downgrades

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Analysts at Morgan Stanley downgraded
Nike IncNKE
from Overweight to Equal-weight. The target price for Nike has been lowered from $69 to $60. Nike shares declined 3.48 percent to $53.30 in pre-market trading. UBS downgraded
EMC CorporationEMC
from Buy to Neutral. EMC shares rose 0.43 percent to close at $27.95 on Tuesday. Analysts at Credit Suisse downgraded
Helmerich & Payne, Inc. HP
from Neutral to Underperform. The target price for Helmerich & Payne has been raised from $46 to $48. Helmerich & Payne shares rose 0.92 percent to close at $61.15 on Tuesday. Evercore ISI Group downgraded
SAP SE (ADR) SAP
from Buy to Hold. SAP shares gained 0.01 percent to $81.10 in pre-market trading. BTIG Research downgraded
Medtronic PLC
MDT
from Buy to Neutral and removed the price target of $82.00. Medtronic shares dropped 1.48 percent to close at $80.48 on Tuesday. Analysts at Credit Suisse downgraded
Nabors Industries Ltd. NBR
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from Outperform to Neutral. The target price for Nabors Industries has been lowered from $10 to $9. Nabors Industries shares gained 3.64 percent to close at $9.40 on Tuesday. JP Morgan downgraded
Marketo Inc MKTO
from Overweight to Neutral. The target price for Marketo has been raised from $30 to $35.25. Marketo shares surged 9.41 percent to close at $35.23 on Tuesday. Analysts at Mizuho Securities downgraded
Westar Energy IncWR
from Outperform to Neutral. Westar Energy shares rose 6.44 percent to close at $56.33 on Tuesday. CL King downgraded
Krispy Kreme DoughnutsKKD
from Buy to Neutral. Krispy Kreme shares slipped 0.05 percent to close at $21.38 on Tuesday.
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Posted In: DowngradesAnalyst RatingsEnergyOil & Gas DrillingTop Downgrades
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