Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Auxilium Pharmaceuticals AUXL from “equal-weight” to “underweight.” The price target for Auxilium Pharmaceuticals is set to $15. Auxilium's shares closed at $31.93 yesterday. Wedbush downgraded Lowe's Companies LOW from “outperform” to “neutral.” The price target for Lowe's has been lowered from $60 to $50. Lowe's shares closed at $50.35 yesterday. Analysts at Jefferies downgraded Redwood Trust RWT from “buy” to “hold.” The price target for Redwood Trust has been raised from $19 to $22. Redwood Trust's shares closed at $21.20 yesterday. UBS downgraded Continental Resources CLR from “buy” to “neutral.” Continental's shares closed at $121.99 yesterday.