Benzinga's Top Downgrades

Piper Jaffray downgraded National Penn Bancshares NPBC from Overweight to Neutral. The target price for National Penn Bancshares has been raised from $12 to $13. National Penn Bancshares shares closed at $12.75 yesterday. Analysts at Morgan Stanley downgraded Re/Max Holdings Inc RMAX to Equal-weight. RE/MAX Holdings shares closed at $37.96 yesterday. Analysts at Citigroup downgraded Precision Castparts Corp. PCP from Buy to Neutral. The target price for Precision Castparts has been lowered from $246 to $235. Precision Castparts shares closed at $230.88 yesterday. Piper Jaffray downgraded Dot Hill Systems Corp. HILL from Overweight to Neutral. The target price for Dot Hill Systems has been raised from $9 to $9.75. Dot Hill Systems shares closed at $5.18 yesterday. Needham downgraded Esperion Therapeutics Inc ESPR from Strong Buy to Buy. Esperion Therapeutics shares closed at $64.17 yesterday.