Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Turkcell Iletisim Hizmetleri A.S. (ADR) TKC from Buy to Neutral. Turkcell Iletisim shares closed at $10.74 yesterday. Analysts at JP Morgan downgraded Ultrapar Participacoes SA (ADR) UGP from Overweight to Neutral. The price target for Ultrapar Participacoes is set to $26. Ultrapar Participacoes shares closed at $22.12 yesterday. Analysts at Berenberg downgraded Citrix Systems, Inc. CTXS from Buy to Sell. Citrix Systems' shares closed at $65.99 yesterday. Redburn downgraded Rio Tinto plc (ADR) RIO from Buy to Sell. Rio Tinto shares closed at $43.25 yesterday. Editor's note: A previous version of this story said analysts at JMP Securities downgraded Vail Resorts, Inc. MTN from Market Outperform to Market Perform. JMP actually reiterated its Market Outperform rating, raising the price target from $108 to $117.
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