Benzinga's Top Downgrades


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Analysts at Credit Suisse downgraded Toll Brothers (NYSE: TOL) from “outperform” to “neutral.” The target price for Toll Brothers is set to $39. Toll Brothers shares closed at $38.00 yesterday.Barclays downgraded Urban Outfitters (NASDAQ: URBN) from “overweight” to “equal-weight.” The price target for Urban Outfitters has been lowered from $50 to $38. Urban Outfitters' shares closed at $35.91 yesterday.Analysts at Piper Jaffray downgraded Forest Laboratories (NYSE: FRX) from “overweight” to “neutral.” The price target for Forest Laboratories has been raised from $91 to $96. Forest Labs' shares closed at $93.84 yesterday.Morgan Stanley downgraded American Eagle Outfitters (NYSE: AEO) to “underweight.” American Eagle's shares closed at $13.10 yesterday.

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Posted In: DowngradesAnalyst RatingsTop Downgrades