Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded International Business Machines IBM from “buy” to “neutral.” The target price for IBM has been lowered from $220 to $200. IBM's shares closed at $194.98 yesterday. Analysts at Canaccord Genuity downgraded Ritchie Bros. Auctioneers RBA from “buy” to “hold.” The target price for Ritchie Bros. Auctioneers has been lowered from $25 to $20. Ritchie Bros. Auctioneers' shares closed at $19.59 yesterday. Analysts at Deutsche Bank downgraded Glatfelter GLT from “buy” to “hold.” The target price for Glatfelter is set to $26. Glatfelter's shares closed at $27.11 yesterday. Morgan Stanley downgraded Quest Diagnostics DGX from “equal-weight” to “underweight.” The target price for Quest Diagnostics is set to $58. Quest's shares closed at $61.24 yesterday.