Benzinga's Top Downgrades

Analysts at Cowen & Company downgraded Plug Power PLUG from “outperform” to “market perform.” The target price for Plug Power has been raised from $5.50 to $7.50. Plug Power's shares closed at $8.00 yesterday. Analysts at Ascendiant Capital downgraded PhotoMedex PHMD from “strong buy” to “buy.” The target price for PhotoMedex has been lowered from $20 to $18. PhotoMedex's shares closed at $16.45 yesterday. Deutsche Bank downgraded Pinnacle Entertainment PNK from “buy” to “hold.” The price target for Pinnacle Entertainment is set to $28. Pinnacle Entertainment's shares closed at $25.51 yesterday. Analysts at Credit Suisse downgraded United States Steel X from “neutral” to “underperform.” United States Steel's shares closed at $24.40 yesterday.