Benzinga's Top Downgrades - Avery Dennison (NYSE:AVY), Allegiant Travel (NASDAQ:ALGT)

CL King downgraded Ocwen Financial Corp OCN from Buy to Neutral. Ocwen Financial shares rose 12.50 percent to $3.96 in pre-market trading.
Baird downgraded Community Health Systems CYH from Neutral to Underperform. Community Health shares fell 32.70 percent to $6.75 in pre-market trading.
William Blair downgraded Robert Half International Inc. RHI from Outperform to Market Perform. Robert Half shares rose 2.12 percent to close at $39.48 on Wednesday.
Bank of America downgraded Scripps Networks Interactive, Inc. SNI from Neutral to Underperform. Scripps Networks shares rose 1.07 percent to close at $65.89 on Wednesday.
Analysts at Baird downgraded PAREXEL International Corporation PRXL from Outperform to Neutral. PAREXEL shares fell 2.92 percent to close at $64.81 on Wednesday.
Analysts at Raymond James downgraded Allegiant Travel Company ALGT from Outperform to Market Perform. Allegiant Travel shares rose 0.03 percent to close at $153.95 on Wednesday.
JP Morgan downgraded Royal Caribbean Cruises Ltd RCL from Overweight to Neutral. Royal Caribbean Cruises shares fell 0.79 percent to $69.35 in pre-market trading.
Morgan Stanley downgraded Pearson PLC (ADR) PSO from Overweight to Equal-Weight. Pearson shares dropped 0.88 percent to $9.01 in pre-market trading.
Analysts at DA Davidson downgraded Prosperity Bancshares, Inc. PB from Buy to Neutral. Prosperity Bancshares shares fell 2.17 percent to close at $55.57 on Wednesday.
Analysts at JP Morgan downgraded Avery Dennison Corp AVY from Neutral to Overweight. Avery Dennison shares fell 6.35 percent to close at $70.96 on Wednesday.

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