Benzinga's Top Downgrades

Analysts at Leerink Swann downgraded Kythera Biopharmaceuticals Inc (NASDAQ: KYTH) from Outperform to Market Perform. Kythera Biopharmaceutical's shares closed at $75.38 on Friday.Analysts at Guggenheim Securities downgraded First Bancorp (NYSE: FBP) from Buy to Neutral. First Bancorp shares closed at $6.43 on Friday.Analysts at Susquehanna downgraded XOMA Corp (NASDAQ: XOMA) from Positive to Neutral. XOMA shares closed at $3.92 on Friday.Analysts at Bank of America downgraded Ternium SA (ADR) (NYSE: TX) from Buy to Neutral. The price target for Ternium has been lowered from $23.00 to $21.00. Ternium shares closed at $18.24 on Friday.Macquarie downgraded MarketAxess Holdings Inc. (NASDAQ: MKTX) from Neutral to Underperform. MarketAxess Holdings' shares closed at $96.86 on Friday.BTIG Research downgraded Assured Guaranty Ltd. (NYSE: AGO) from Buy to Neutral. Assured Guaranty shares closed at $27.41 on Friday.Piper Jaffray downgraded F5 Networks, Inc. (NASDAQ: FFIV) from Overweight to Neutral. The price target for F5 Networks is set to $130. F5 Networks' shares closed at $123.57 on Friday.Oppenheimer downgraded SunTrust Banks, Inc. (NYSE: STI) from Outperform to Perform. SunTrust Banks' shares closed at $43.88 on Friday.Mizuho Securities downgraded Youku Tudou Inc (ADR) (NYSE: YOKU) from Neutral to Underperform. Youku Tudou shares closed at $24.60 on Friday.Deutsche Bank downgraded Macy's, Inc. (NYSE: M) from Buy to Sell. The price target for Macy's has been lowered from $71.00 to $63.00. Macy's shares closed at $69.85 on Friday.