Benzinga's Top Downgrades

Analysts at FBR Capital downgraded Applied Micro Circuits AMCC from Outperform to Market Perform. The target price for Applied Micro Circuits has been lowered from $11.00 to $10.00. Applied Micro Circuits' shares closed at $8.59 yesterday. Analysts at Raymond James downgraded Whiting USA Trust I WHX from Market Perform to Underperform. Whiting USA Trust I's shares closed at $2.76 yesterday. China International Capital downgraded NetEase NTES from Buy to Hold. The target price for NetEase is set to $88. NetEase's shares closed at $83.48 yesterday. FBR Capital downgraded Walter Investment Management WAC from Outperform to Market Perform. Walter Investment Management's shares closed at $24.75 yesterday.