Benzinga's Top Downgrades

Analysts at Deutsche Bank downgraded Infoblox Inc (NYSE: BLOX) from Buy to Hold. The target price for Infoblox has been lowered from $30 to $20. Infoblox shares closed at $17.77 on Monday.

Analysts at Credit Suisse downgraded Toronto-Dominion Bank (NYSE: TD) from Outperform to Neutral. Toronto-Dominion Bank shares closed at $39.69 on Monday.

Analysts at Goldman Sachs downgraded HCP, Inc. (NYSE: HCP) from Neutral to Sell. The target price for HCP has been raised from $40 to $38. HCP shares closed at $38.65 on Monday.

Raymond James downgraded Virgin America Inc (NASDAQ: VA) from Outperform to Market Perform and removed the price target of $38.00. Virgin America shares closed at $36.86 on Monday.

Brean Capital downgraded Horizon Pharma PLC (NASDAQ: HZNP) from Buy to Hold and removed the price target of $40.00. Horizon Pharma shares closed at $28.99 on Monday.

Goldman Sachs downgraded Nimble Storage Inc (NYSE: NMBL) from Buy to Neutral. Nimble Storage shares closed at $25.79 on Monday.

Analysts at Guggenheim Securities downgraded F5 Networks, Inc. (NASDAQ: FFIV) from undefined to Neutral. F5 Networks shares closed at $115.81 on Monday.

Analysts at Raymond James downgraded Aaron's, Inc. (NYSE: AAN) from Outperform to Market Perform and removed the price target of $40.00. Aaron's shares closed at $38.12 on Monday.