Benzinga's Top Downgrades

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  • Stifel Nicolaus downgraded FedEx Corporation FDX from Buy to Hold. FedEx shares fell 0.46 percent to $185.30 in pre-market trading.
  • FBR Capital downgraded Viacom, Inc. VIAB from Outperform to Market Perform. Viacom shares rose 1.15 percent to close at $38.86 on Monday.
  • Analysts at Morgan Stanley downgraded Hertz Global Holdings, Inc HTZ from Overweight to Equal-Weight. The price target for Hertz Global has been lowered from $57 to $30. Hertz Global shares fell 0.89 percent to $27.75 in pre-market trading.
  • Credit Suisse downgraded Amplify Snack Brands Inc BETR from Outperform to Neutral. The price target for Amplify Snack Brands has been lowered from $18 to $13. Amplify Snack Brands shares fell 20.94 percent to $10.65 in pre-market trading.
  • Analysts at FBR Capital downgraded Abercrombie & Fitch Co. ANF from Market Perform to Underperform. Abercrombie & Fitch shares gained 2.52 percent to close at $16.69 on Monday.
  • Jefferies downgraded El Paso Electric Company EE from Buy to Hold. El Paso Electric shares fell 0.44 percent to $44.80 in pre-market trading.
  • Guggenheim downgraded Wells Fargo & Co WFC from Buy to Neutral. Wells Fargo shares fell 1.39 percent to $52.48 in pre-market trading.
  • Analysts at Bank of America downgraded Nokia Corp (ADR) NOK from Buy to Neutral. Nokia shares fell 5.80 percent to $4.06 in pre-market trading.
  • Raymond James downgraded Harman International Industries Inc HAR from Strong Buy to Outperform. Harman International shares dropped 0.14 percent to $109.57 in pre-market trading.
  • Analysts at KeyBanc downgraded Chico's FAS, Inc. CHS from Overweight to Sector Weight. Chico's FAS shares rose 7.96 percent to close at $14.79 on Monday.
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