Benzinga's Top Downgrades

Analysts at RBC Capital downgraded Rayonier Inc. REIT (NYSE: RYN) from “outperform” to “sector perform.” The target price for Rayonier has been lowered from $38.81 to $37. Rayonier's shares closed at $36.22 on Friday.

B Riley downgraded bebe stores (NASDAQ: BEBE) from “buy” to “neutral.” The price target for bebe stores has been lowered from $7.50 to $3.40. bebe's shares closed at $3.15 on Friday.

Analysts at Brean Capital downgraded UNITIL (NYSE: UTL) from “buy” to “hold” and removed the price target of $34. UNITIL's shares closed at $34.64 on Friday.

BTIG Research downgraded MBIA (NYSE: MBI) from “buy” to “neutral.” MBIA's shares closed at $11.49 on Friday.