Benzinga's Top Downgrades

Analysts at Stifel Nicolaus downgraded Healthways, Inc. (NASDAQ: HWAY) from Buy to Hold and removed the price target of $25.00. Healthways' shares closed at $16.94 yesterday.

Analysts at Piper Jaffray downgraded Ann Inc (NYSE: ANN) from Overweight to Neutral. The price target for Ann has been raised from $46.00 to $47.00. Ann shares closed at $46.40 yesterday.

Analysts at JP Morgan downgraded Swift Energy Company (NYSE: SFY) from Neutral to Underweight. Swift Energy shares closed at $2.28 yesterday.

Analysts at Needham downgraded Numerex Corp. (NASDAQ: NMRX) from Buy to Hold. Numerex shares closed at $8.99 yesterday.

Oppenheimer downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Outperform to Market Perform. The price target for Urban Outfitters has been lowered from $44.00 to $35.00. Urban Outfitters' shares closed at $40.72 yesterday.

Cantor Fitzgerald downgraded Lumber Liquidators Holdings Inc (NYSE: LL) from Buy to Hold. Lumber Liquidators Holdings' shares closed at $26.06 yesterday.

JP Morgan downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Overweight to Neutral. The price target for Urban Outfitters has been lowered from from $50.00 to $36.00. Urban Outfitters' shares closed at $40.72 yesterday.

Bank of America downgraded Huntington Ingalls Industries Inc (NYSE: HII) from Buy to Neutral. The price target for Huntington Ingalls Industries has been lowered from $150.00 to $135.00. Huntington Ingalls Industries' shares closed at $123.50 yesterday.

HSBC downgraded BHP Billiton Limited (ADR) (NYSE: BHP) from Hold to Reduce. BHP Billiton shares closed at $48.37 yesterday.

Bernstein downgraded HSBC Holdings plc (ADR) (NYSE: HSBC) from Outperform to Market Perform. HSBC Holdings' shares closed at $48.45 yesterday.