Benzinga's Top Downgrades - Garmin (NYSE:GRMN)

Bank of America downgraded Garmin Ltd. GRMN from Buy to Underperform. Garmin shares gained 1.09 percent to close at $55.46 on Wednesday.
Goldman Sachs downgraded Inovalon Holdings Inc INOV from Buy to Neutral. The price target for Inovalon Holdings has been lowered from $25 to $17. Inovalon Holdings shares dropped 19.36 percent to $15.54 in pre-market trading.
Analysts at KeyBanc downgraded Sovran Self Storage Inc SSS from Sector Weight to Underweight. Sovran Self Storage shares fell 1.26 percent to close at $99.46 on Wednesday.
Analysts at Oppenheimer downgraded Horizon Technology Finance Corp HRZN from Outperform to Perform. Horizon Tech Finance shares fell 0.36 percent to close at $13.70 on Wednesday.
Mizuho Securities downgraded Sucampo Pharmaceuticals, Inc. SCMP from Buy to Neutral. Sucampo Pharmaceuticals shares gained 10.98 percent to close at $12.94 on Wednesday.
Barclays downgraded FleetMatics Group PLC FLTX from Overweight to Equal-weight. FleetMatics Group shares rose 0.03 percent to close at $59.59 on Wednesday.
Analysts at Stifel Nicolaus downgraded Saia Inc SAIA from Buy to Hold. Saia shares rose 3.12 percent to close at $29.72 on Wednesday.
Analysts at Baird downgraded Sunoco LP SUN from Outperform to Neutral. Sunoco shares fell 3.56 percent to $29.80 in pre-market trading.
Susquehanna downgraded Taylor Morrison Home Corp TMHC from Positive to Neutral. Taylor Morrison Home shares rose 4.89 percent to close at $16.73 on Wednesday.
Janney Capital downgraded Sangamo Biosciences, Inc. SGMO from Buy to Neutral. Sangamo BioSciences shares dropped 22.51 percent to $5.30 in pre-market trading.

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