Benzinga's Top Downgrades - Biogen (NASDAQ:BIIB)

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Analysts at Citigroup downgraded Biogen Idec (NASDAQ: BIIB) from “buy” to “neutral.” The target price for Biogen Idec has been raised from $235 to $236. Biogen Idec's shares closed at $223.03 yesterday. Analysts at Deutsche Bank downgraded KapStone Paper and Packaging (NYSE: KS) from “buy” to “hold.” The target price for KapStone Paper and Packaging has been raised from $31 to $38. KapStone Paper and Packaging's shares closed at $36.61 yesterday.Analysts at Raymond James downgraded Synnex (NYSE: SNX) from “outperform” to “market perform.” Synnex's shares closed at $41.88 yesterday.RBC Capital downgraded Prudential Financial (NYSE: PRU) from “top pick” to “outperform.” The target price for Prudential Financial is set to $92. Prudential Financial's shares closed at $70.93 yesterday.

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