Benzinga's Top Downgrades

Analysts at Barclays downgraded Discovery Communications Inc. DISCA from Overweight to Equal-weight. The price target for Discovery Communications has been lowered from $34 to $30. Discovery Communications shares closed at $28.86 on Thursday. Analysts at Morgan Stanley downgraded Spirit Airlines Incorporated SAVE from Overweight to Equal-weight. The price target for Spirit Airlines has been lowered from $66 to $53. Spirit Airlines shares closed at $50.06 on Thursday. Stifel Nicolaus downgraded Pentair plc. Ordinary Share PNR from Buy to Hold. Pentair shares closed at $56.65 on Thursday. Analysts at Janney Capital downgraded American States Water Co AWR from Neutral to Sell. The price target for American States Water has been lowered from $39 to $37. American States Water shares closed at $42.31 on Thursday. DA Davidson downgraded Universal Forest Products, Inc. UFPI from Buy to Neutral. Universal Forest Products shares closed at $71.17 on Thursday. Analysts at Pacific Crest downgraded Seagate Technology PLC STX from Overweight to Sector Weight. Seagate Technology shares closed at $41.44 on Thursday. Deutsche Bank downgraded Trueblue Inc TBI from Buy to Hold. The price target for Trueblue has been lowered from $30 to $26. Trueblue shares closed at $24.97 on Thursday.