Benzinga's Top Downgrades

Goldman Sachs downgraded PPG Industries, Inc. PPG from Buy to Neutral. The price target for PPG has been lowered from $111 to $103. PPG shares rose 0.11 percent to close at $92.66 on Thursday.
Citigroup downgraded Skechers USA Inc SKX from Buy to Neutral. The price target for Skechers has been lowered from $33 to $21. Skechers shares fell 15.65 percent to $19.35 in pre-market trading.
Jefferies downgraded Yahoo! Inc. YHOO from Buy to Hold. Yahoo! shares dropped 0.42 percent to $42.20 in pre-market trading.
Cowen & Co. downgraded Union Pacific Corporation UNP from Outperform to Market Perform. Union Pacific shares fell 0.23 percent to $90.43 in pre-market trading.
Analysts at FBR Capital downgraded Gastar Exploration Inc GST from Outperform to Market Perform. Gastar Exploration shares declined 5.04 percent to $1.32 in pre-market trading.
Analysts at BMO Capital downgraded Signature Bank SBNY from Outperform to Market Perform. Signature Bank shares fell 0.35 percent to $116.24 in pre-market trading.
Raymond James downgraded Memorial Production Partners LP MEMP from Market Perform to Underperform. Memorial Production Partners shares rose 1.27 percent to close at $1.59 on Thursday.
RBC Capital downgraded BancorpSouth, Inc. BXS from Outperform to Sector Perform. BancorpSouth shares slipped 0.85 percent to close at $23.45 on Thursday.
Analysts at Stephens & Co. downgraded Heartland Express, Inc. HTLD from Overweight to Equal-Weight. Heartland Express shares fell 0.94 percent to $18.00 in pre-market trading.