Benzinga's Top Downgrades


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Analysts at Nomura downgraded Tetraphase Pharmaceuticals Inc

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(NASDAQ: TTPH) from Buy to Neutral. The target price for Tetraphase Pharmaceutical has been lowered from $54 to $10. Tetraphase Pharmaceutical shares closed at $44.78 yesterday.RBC Capital downgraded Finisar Corporation (NASDAQ: FNSR) from Outperform to Sector Perform. The target price for Finisar has been lowered from $21 to $17. Finisar shares closed at $15.37 yesterday. Analysts at Raymond James downgraded Strategic Hotels and Resorts Inc (NYSE: BEE) from Outperform to Underperform. Strategic Hotels shares closed at $14.07 yesterday.Barclays downgraded Terex Corporation (NYSE: TEX) from Neutral to Underweight. The target price for Terex has been lowered from $25 to $23. Terex shares closed at $21.95 yesterday.Analysts at UBS downgraded

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Jabil Circuit, Inc. (NYSE: JBL) from Buy to Neutral. The target price for Jabil Circuit has been lowered from $25 to $21. Jabil Circuit shares closed at $19.64 yesterday.Macquarie downgraded Bonanza Creek Energy Inc (NYSE: BCEI) from Outperform to Neutral. The target price for Bonanza Creek Energy has been lowered from $18 to $9.50. Bonanza Creek Energy shares closed at $6.86 yesterday.Analysts at Roth Capital downgraded Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE: YGE) from Neutral to Sell. The target price for Yingli Green Energy has been lowered from $1.30 to $0.50. Yingli Green Energy shares closed at $0.611 yesterday.Analysts at Macquarie downgraded Approach Resources Inc. (NASDAQ: AREX) from Outperform to Neutral. The target price for Approach Resources has been lowered from $5.50 to $3. Approach Resources shares closed at $2.58 yesterday.Stifel Nicolaus downgraded Tetraphase Pharmaceuticals Inc (NASDAQ: TTPH) from Buy to Hold. Tetraphase Pharmaceutical shares closed at $44.78 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: DowngradesAnalyst RatingsTop Downgrades