Benzinga's Top Downgrades

Analysts at Deutsche Bank downgraded McCormick & Company MKC from “buy” to “hold.” The target price for McCormick has been lowered from $73 to $66. McCormick's shares closed at $65.30 yesterday. JMP Securities downgraded Citrix Systems CTXS from “market perform” to “market underperform.” The target price for Citrix Systems is set to $45. Citrix's shares closed at $57.60 yesterday. Analysts at Goldman Sachs downgraded Denbury Resources DNR from “neutral” to “sell.” The target price for Denbury Resources is set to $17. Denbury's shares closed at $16.04 yesterday. JP Morgan downgraded Blackbaud BLKB from “neutral” to “underweight.” Blackbaud's shares closed at $35.44 yesterday.