Benzinga’s Top Downgrades (TTWO, CMCSA, AKS, NFLX, SWHC, FE)

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has declined 33% to $7.29 on 4.98 million shares in the morning trading hours after Piper Jaffray downgraded TTWO to Neutral from Overweight.

Comcast Corporation (NASDAQ: CMCSA) has gained 0.63% to $16.01 on 52K shares. Today, Credit Suisse downgraded Comcast to Neutral from Outperform and price target set to $18. The 52-week trading range for CMCSA is $11.10 - $18.10.

AK Steel Holding Corporation (NYSE: AKS) has climbed up 0.94% to $20.33 on 184K shares after Citigroup downgraded AK Steel to Hold from Buy and price target set to $21. So far in 2009, AKS gained over 110%.

Netflix, Inc. (NASDAQ: NFLX) moved down 0.12% to $57.92 on 34K shares after Citigroup downgraded NFLX to Hold from Buy and price target set to $59. The 52-week trading range for NFLX is $22.58 - $61.65. So far in 2009, NFLX gained over 90%.

Smith & Wesson Holding Corporation (NASDAQ: SWHC) plummeted 15% to $4.43 on 878K shares in the morning trading hours after Northland Securities reiterated SWHC to Outperform. However, price target reduced from $9 to $7.50.

FirstEnergy Corp. (NYSE: FE) declined 0.38% to $45.09 on 104K shares. Today, Jefferies & Co downgraded FE to Underperform from Hold and price target reduced to $38 from $45. The 52 week trading range for FE is $35.26 - $57.32.