Benzinga's Top Downgrades

Analysts at Bank of America downgraded AEGON N.V. (ADR) AEG from Equal-weight to Underweight. Aegon's shares closed at $7.94 yesterday. Analysts at Roth Capital downgraded PTC Therapeutics, Inc. PTCT from Buy to Neutral. The price target for PTC Therapeutics has been lowered from $75.00 to $63.00. PTC Therapeutics' shares closed at $60.84 yesterday. Analysts at Piper Jaffray downgraded Ignite Restaurant Group Inc IRG from Neutral to Underweight. The price target for Ignite Restaurant Group has been lowered from $5.00 to $3.00. Ignite Restaurant Group's shares closed at $3.57 yesterday. Analysts at RBC Capital downgraded Tripadvisor Inc TRIP from Outperform to Sector Perform. The price target for Tripadvisor has been lowered from $92.00 to $91.00. Tripadvisor shares closed at $79.91 yesterday. Bank of America downgraded STMicroelectronics NV (ADR) STM from Buy to Neutral. STMicroelectronics' shares closed at $7.77 yesterday. Morgan Stanley downgraded Genworth Financial Inc GNW from Equal-weight to Underweight. Genworth Financial shares closed at $9.15 yesterday. Piper Jaffray downgraded Mattress Firm Holding Corp MFRM from Overweight to Neutral. The price target for Mattress Firm Holding has been lowered from $77.00 to $62.00. Mattress Firm Holding's shares closed at $59.81 yesterday. Bernstein downgraded J M Smucker Co SJM from Outperform to Market Perform. The price target for J M Smucker has been raised from $118.00 to $125.00. J M Smucker shares closed at $118.37 yesterday. Cowen & Company downgraded Puma Biotechnology Inc PBYI from Outperform to Market Perform. Puma Biotechnology shares closed at $192.99 yesterday. Goldman Sachs downgraded AOL, Inc. AOL from Neutral to Sell. The price target for AOL has been lowered from $44.00 to $38.00. AOL's shares closed at $40.82 yesterday.
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