Benzinga's Top Downgrades


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Analysts at Roth Capital downgraded Glu Mobile Inc.

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(NASDAQ: GLUU) from Buy to Neutral. The target price for Glu Mobile has been lowered from $4.15 to $2.50. Glu Mobile shares dropped 14.23 percent to $2.29 in pre-market trading.Analysts at UBS downgraded KB Home (NYSE: KBH) from Neutral to Sell. KB Home shares closed at $13.40 on Tuesday.Craig-Hallum downgraded Intralinks Holdings Inc (NYSE: IL) from Buy to Hold. IntraLinks Holdings shares closed at $8.67 on Tuesday.Needham downgraded

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Cray Inc. (NASDAQ: CRAY) from Buy to Hold. Cray shares dropped 21.61 percent to $30.50 in pre-market trading.Analysts at Morgan Stanley downgraded GrubHub Inc (NYSE: GRUB) from Overweight to Equal-weight. The target price for GrubHub has been lowered from $37 to $30. GrubHub shares closed at $24.65 on Tuesday.Oppenheimer downgraded Childrens Place Inc (NASDAQ: PLCE) from Outperform to Perform. Children's Place shares fell 3.34 percent to $72.97 in pre-market trading.Canaccord Genuity downgraded Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) from Buy to Hold. Starwood Hotels shares closed at $82.29 on Tuesday.

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