Benzinga's Top Downgrades

Analysts at Oppenheimer downgraded J. C. Penney Company

from “outperform” to “perform.” The target price for J. C. Penney is set to $15. J. C. Penney's shares closed at $14.96 yesterday. Analysts at Jefferies downgraded Mindray Medical International

from “buy” to “hold.” The target price for Mindray Medical has been raised from $36 to $43. Mindray Medical's shares closed at $38.60 yesterday. Analysts at BMO Capital downgraded JAKKS Pacific

from “market perform” to “underperform.” The target price for JAKKS Pacific has been lowered from $12 to $7. JAKKS Pacific's shares closed at $11.03 yesterday. Citigroup downgraded Philippine Long Distance Telephone Company

from “neutral” to “sell.” Philippine Long Distance's shares closed at $73.28 yesterday.