Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Core Laboratories NV CLB from “overweight” to “underweight.” The target price for Core Laboratories has been lowered from $220 to $200. Core Laboratories' shares closed at $213.69 yesterday. Nomura downgraded Ericsson ERIC from “buy” to “neutral.” Ericsson's shares closed at $12.28 yesterday. Analysts at Credit Suisse downgraded Xilinx XLNX from “outperform” to “neutral.” Xilinx's shares closed at $52.42 yesterday. Sarasin downgraded International Business Machines IBM from “buy” to “neutral.” IBM's shares closed at $191.73 yesterday.