Benzinga's Top Downgrades

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  • Morgan Stanley downgraded Urban Outfitters, Inc. URBN from Overweight to Equal-Weight. The price target for Urban Outfitters has been raised from $36 to $39. Urban Outfitters shares fell 1.33 percent to $38.60 in pre-market trading.
  • Wunderlich downgraded Crown Crafts, Inc. CRWS from Buy to Hold. The price target for Crown Crafts has been lowered from $11.50 to $7. Crown Crafts shares dropped 4.10 percent to $9.40 in pre-market trading.
  • RBC Capital downgraded Ellie Mae Inc ELLI from Outperform to Sector Perform. The price target for Ellie Mae has been lowered from $114 to $90. Ellie Mae shares fell 0.38 percent to $86.17 in pre-market trading.
  • Baird downgraded SunPower Corporation SPWR from Outperform to Neutral. The price target for SunPower has been lowered from $12 to $7. SunPower shares fell 6.15 percent to $6.72 in pre-market trading.
  • Analysts at Stephens & Co. downgraded Vulcan Materials Company VMC from Overweight to Equal-Weight. Vulcan Materials shares fell 3.25 percent to close at $130.29 on Wednesday.
  • Wells Fargo downgraded Enzymotec Ltd ENZY from Outperform to Market Perform. Enzymotec shares fell 7.56 percent to close at $5.50 on Wednesday.
  • Analysts at Deutsche Bank downgraded Freeport-McMoRan Inc FCX from Buy to Hold. Freeport-McMoRan shares dropped 0.14 percent to $13.78 in pre-market trading.
  • Citigroup downgraded Atwood Oceanics, Inc. ATW from Neutral to Sell. The price target for Atwood Oceanics has been lowered from $10 to $5.50. Atwood Oceanics shares fell 0.78 percent to $7.68 in pre-market trading.
  • Analysts at Investec downgraded Anheuser Busch Inbev SA NV (ADR) BUD from Buy to Hold. Anheuser-Busch Inbev shares rose 0.33 percent to $102.61 in pre-market trading.
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