Benzinga's Top Downgrades

Analysts at Mizuho Securities downgraded
Gap Inc GPS
from Neutral to Underperform. The price target for Gap has been lowered from $35 to $26. Gap shares closed at $30.22 on Tuesday. Analysts at Needham downgraded
Rentrak CorporationRENT
from Strong Buy to Buy. The price target for Rentrak has been lowered from $85 to $60. Rentrak shares closed at $43.39 on Tuesday. Analysts at Wells Fargo downgraded
Lantheus Holdings IncLNTH
from Outperform to Market Perform. Lantheus shares closed at $4.98 on Tuesday. UBS downgraded
ITC Holdings Corp. ITC
from Neutral to Sell. ITC shares closed at $33.24 on Tuesday. Piper Jaffray downgraded
Barracuda Networks IncCUDA
from Overweight to Neutral. The price target for Barracuda Networks has been lowered from $40 to $20. Barracuda Networks shares closed at $23.56 on Tuesday. Morgan Stanley downgraded
Abengoa Yield PLC ABY
from Overweight to Equal-weight. The price target for Abengoa Yield has been lowered from $46 to $23. Abengoa Yield shares closed at $16.40 on Tuesday. Analysts at Imperial Capital downgraded
Basic Energy Services, IncBAS
from Outperform to In-line. The price target for Basic Energy Services has been lowered from $10 to $4.75. Basic Energy Services shares closed at $3.60 on Tuesday. Analysts at Summit Research downgraded
Baidu Inc (ADR) BIDU
from Buy to Hold. The price target for Baidu has been lowered from $205 to $150. Baidu shares closed at $136.68 on Tuesday.

Posted In: Top DowngradesDowngradesAnalyst Ratings