Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Relypsa Inc RLYP from Equal-weight to Underweight. The target price for Relypsa is set to $9. Relypsa shares fell 2.67 percent to $19.71 in pre-market trading. Analysts at Goldman Sachs downgraded Jabil Circuit, Inc. JBL from Neutral to Sell. The target price for Jabil Circuit has been lowered from $19 to $17. Jabil Circuit shares dropped 3.11 percent to $19.00 in pre-market trading. Analysts at Susquehanna downgraded Fifth Third Bancorp FITB from Positive to Neutral. Fifth Third Bancorp shares gained 2.02 percent to close at $19.20 on Monday. KLR Group downgraded Southwestern Energy Company SWN from Buy to Hold. Southwestern Energy shares gained 0.65 percent to $15.40 in pre-market trading. BB&T Capital downgraded Werner Enterprises, Inc. WERN from Buy to Hold. Werner Enterprises shares declined 1.52 percent to $25.23 in pre-market trading. Bank of America downgraded Public Service Enterprise Group Inc. PEG from Neutral to Underperform. Public Service Enterprise shares fell 0.89 percent to $44.49 in pre-market trading. Citigroup downgraded Godaddy Inc GDDY from Buy to Neutral. The target price for GoDaddy is set to $35. GoDaddy shares fell 0.78 percent to close at $32.98 on Monday.