Benzinga's Top Downgrades

Analysts at Nomura downgraded Tetraphase Pharmaceuticals Inc TTPH from Buy to Neutral. The target price for Tetraphase Pharmaceutical has been lowered from $54 to $10. Tetraphase Pharmaceutical shares closed at $44.78 yesterday. RBC Capital downgraded Finisar Corporation FNSR from Outperform to Sector Perform. The target price for Finisar has been lowered from $21 to $17. Finisar shares closed at $15.37 yesterday. Analysts at Raymond James downgraded Strategic Hotels and Resorts Inc BEE from Outperform to Underperform. Strategic Hotels shares closed at $14.07 yesterday. Barclays downgraded Terex Corporation TEX from Neutral to Underweight. The target price for Terex has been lowered from $25 to $23. Terex shares closed at $21.95 yesterday. Analysts at UBS downgraded Jabil Circuit, Inc. JBL from Buy to Neutral. The target price for Jabil Circuit has been lowered from $25 to $21. Jabil Circuit shares closed at $19.64 yesterday. Macquarie downgraded Bonanza Creek Energy Inc BCEI from Outperform to Neutral. The target price for Bonanza Creek Energy has been lowered from $18 to $9.50. Bonanza Creek Energy shares closed at $6.86 yesterday. Analysts at Roth Capital downgraded Yingli Green Energy Hold. Co. Ltd. (ADR) YGE from Neutral to Sell. The target price for Yingli Green Energy has been lowered from $1.30 to $0.50. Yingli Green Energy shares closed at $0.611 yesterday. Analysts at Macquarie downgraded Approach Resources Inc. AREX from Outperform to Neutral. The target price for Approach Resources has been lowered from $5.50 to $3. Approach Resources shares closed at $2.58 yesterday. Stifel Nicolaus downgraded Tetraphase Pharmaceuticals Inc TTPH from Buy to Hold. Tetraphase Pharmaceutical shares closed at $44.78 yesterday.