Benzinga's Top Downgrades

Analysts at Raymond James downgraded Tech Data Corp TECD from Outperform to Market Perform and removed the price target of $62.00. Tech Data shares closed at $64.49 yesterday. Analysts at Janney Capital downgraded Abercrombie & Fitch Co. ANF from Neutral to Sell. The price target for Abercrombie & Fitch is set to $15. Abercrombie & Fitch shares closed at $22.30 yesterday. Analysts at Roth Capital downgraded Rally Software Development Corp RALY from Buy to Neutral. The price target for Rally Software is set to $19.50. Rally Software shares closed at $19.45 yesterday. Analysts at Susquehanna downgraded Broadcom Corporation BRCM from Positive to Neutral. Broadcom shares closed at $56.25 yesterday. Mizuho Securities downgraded Pacific Sunwear of California, Inc. PSUN from Buy to Neutral. Pacific Sunwear shares closed at $1.72 yesterday. JMP Securities downgraded Marriott Vacations Worldwide Corp VAC from Market Outperform to Market Perform and removed the price target of $90.00. Marriott Vacations' shares closed at $89.80 yesterday. Bank of America downgraded J B Hunt Transport Services Inc JBHT from Buy to Neutral. The price target for J B Hunt Transport is set to $90. J B Hunt Transport shares closed at $84.59 yesterday. CLSA downgraded Airgas, Inc. ARG from Outperform to Underperform. The price target for Airgas is set to $110. Airgas shares closed at $104.30 yesterday. Bank of America downgraded Con-way Inc CNW from Neutral to Underperform. The price target for Con-way is set to $42. Con-way shares closed at $41.89 yesterday. TD Securities downgraded Potash Corp./Saskatchewan (USA) POT from Buy to Hold. The price target for Potash of Saskatchewan is set to $35. Potash of Saskatchewan shares closed at $32.33 yesterday.