Benzinga's Top Downgrades

Analysts at Bank of America downgraded Coach

from “buy” to “neutral.” The target price for Coach has been lowered from $63 to $54. Coach's shares closed at $50.10 yesterday. Analysts at Morgan Stanley downgraded Spectra Energy Partners LP

from “equal-weight” to “underweight.” The target price for Spectra Energy Partners is set to $42. Spectra Energy's shares closed at $45.65 yesterday. Analysts at Jefferies downgraded Exelon

from “hold” to “underperform.” The target price for Exelon has been lowered from $29 to $24.50. Exelon's shares closed at $28.69 yesterday. JP Morgan downgraded National CineMedia

from “overweight” to “neutral.” The target price for National CineMedia is set to $20. National CineMedia's shares closed at $19.44 yesterday.