Benzinga's Top Downgrades

Janney Capital downgraded Illumina, Inc. ILMN from Neutral to Sell. Illumina shares declined 26.87 percent to $135.18 in pre-market trading.
FBR Capital downgraded BB&T Corporation BBT from Outperform to Market Perform. The price target for BB&T has been lowered from $45 to $40. BB&T shares gained 0.77 percent to close at $39.19 on Monday.
Evercore ISI Group downgraded Msci Inc MSCI from Hold to Sell. MSCI shares fell 2.37 percent to $81.00 in pre-market trading.
Analysts at Goldman Sachs downgraded Lumentum Holdings Inc LITE from Neutral to Sell. Lumentum shares fell 8.09 percent to $40.90 in pre-market trading.
Analysts at FBR Capital downgraded Zions Bancorp ZION from Outperform to Market Perform. Zions Bancorp shares rose 0.25 percent to close at $31.81 on Monday.
Goldman Sachs downgraded KBR, Inc. KBR from Neutral to Sell. KBR shares fell 2.95 percent to $15.78 in pre-market trading.
Wunderlich downgraded Gas Natural Inc EGAS from Hold to Sell. Gas Natural shares closed at $12.57 on Monday.
FBR Capital downgraded Regions Financial Corp RF from Outperform to Market Perform. Regions Financial shares rose 0.39 percent to close at $10.37 on Monday.
Analysts at Goldman Sachs downgraded Summit Materials Inc SUM from Buy to Neutral. Summit Materials shares rose 1.17 percent to close at $18.99 on Monday.