Benzinga's Top Downgrades

Goldman Sachs downgraded 3M Co MMM from Neutral to Sell. 3M shares fell 1.19 percent to $170.90 in pre-market trading.
Canaccord Genuity downgraded Headwaters Inc HW from Buy to Hold. Headwaters shares rose 17.47 percent to $23.60 in pre-market trading.
Analysts at Jefferies downgraded Federated Investors Inc FII from Buy to Hold. Federated Investors shares closed at $27.37 on Friday.
Deutsche Bank downgraded RenaissanceRe Holdings Ltd. RNR from Buy to Hold. RenaissanceRe shares closed at $131.78 on Friday.
KeyBanc downgraded Lincoln Electric Holdings, Inc. LECO from Overweight to Sector Weight. Lincoln Electric shares closed at $75.31 on Friday.
Analysts at Buckingham Research downgraded Bank of New York Mellon Corp BK from Buy to Neutral. Bank of New York Mellon shares closed at $47.44 on Friday.