Benzinga's Top Downgrades

Analysts at Jefferies downgraded First Niagara Financial Group FNFG from “outperform” to “hold.” The target price for First Niagara Financial Group has been raised from $12 to $19. First Niagara Financial's shares closed at $9.08 on Friday. Wells Fargo downgraded BioCryst Pharmaceuticals BCRX from “outperform” to “market perform.” BioCryst Pharmaceuticals' shares closed at $11.60 on Friday. Analysts at JP Morgan downgraded Cisco Systems CSCO from “neutral” to “underweight.” The target price for Cisco has been lowered from $21 to $17. Cisco's shares closed at $22.20 on Friday. Janney Capital downgraded lululemon athletica LULU from “buy” to “neutral.” The target price for lululemon athletica has been lowered from $61 to $49. lululemon's shares closed at $47.62 on Friday.