Benzinga's Top Downgrades

Analysts at Ladenburg Thalmann downgraded Gladstone Investment Corporation (NASDAQ:
GAIN
) from “buy” to “neutral.” The target price for Gladstone Investment Corporation and the price target of $8.50 has been removed. Gladstone Investment Corporation's shares closed at $7.76 yesterday. HSBC downgraded China Telecom Corp Ltd (NYSE:
CHA
) from “overweight” to “underweight.” China Telecom's closed at $50.82 yesterday. Analysts Barclays downgraded Aflac Incorporated (NYSE:
AFL
) from “overweight” to “equal-weight.” The price target for Aflac Incorporated has been lowered from $78 to $67. Aflac Incorporated's shares closed at $61.86 yesterday. Stifel Nicolaus downgraded RetailMeNot (NASDAQ:
SALE
) from “buy” to “hold.” The target price for RetailMeNot has been removed from $42. RetailMeNot shares closed at $25.23 yesterday.
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