Benzinga's Top Downgrades

Analysts at Canaccord Genuity downgraded Pan American Silver PAAS from “buy” to “hold.” The target price for Pan American Silver has been lowered from $19.50 to $13. Pan American Silver's shares closed at $12.33 yesterday. Analysts at BMO Capital downgraded Packaging Corporation of America PKG from “outperform” to “market perform.” The target price for Packaging Corporation of America has been raised from $50 to $55. Packaging Corp's shares closed at $51.49 yesterday. Deutsche Bank downgraded Johnson & Johnson JNJ from “buy” to “hold.” The target price for Johnson & Johnson has been raised from $92 to $93. Johnson & Johnson's shares closed at $90.40 yesterday. Piper Jaffray downgraded Hologic HOLX from “overweight” to “neutral.” The target price for Hologic has been lowered from $27 to $21. Hologic's shares closed at $19.70 yesterday.