Benzinga's Top Downgrades

Analysts at Bank of America downgraded Arch Capital Group Ltd. ACGL from Neutral to Underperform. Arch Capital Group shares closed at $77.65 on Thursday. Raymond James downgraded DigitalGlobe Inc DGI from Outperform to Market Perform. DigitalGlobe shares closed at $19.90 on Thursday. Analysts at RBC Capital downgraded Cumulus Media Inc CMLS from Outperform to Sector Perform. Cumulus Media shares closed at $0.543 on Thursday. Jyske Bank downgraded Facebook Inc FB from Buy to Sell. Facebook shares closed at $104.88 on Thursday. Analysts at Argus Research downgraded Brinker International, Inc. EAT from Buy to Hold. Brinker International shares closed at $46.45 on Thursday. IBERIA Capital Partners downgraded Hornbeck Offshore Services, Inc. HOS from Outperform to Sector Perform. The price target for Hornbeck Offshore Services has been lowered from $23.50 to $15. Hornbeck Offshore Services shares closed at $13.39 on Thursday. Analysts at Cowen & Company downgraded L-3 Communications Holdings, Inc. LLL from Outperform to Market Perform The price target for L-3 Communications has been lowered from $146 to $125. L-3 Communications shares closed at $128.40 on Thursday. JP Morgan downgraded Qiwi PLC QIWI from Overweight to Neutral. The price target for QIWI has been lowered from $45 to $24. QIWI shares closed at $17.11 on Thursday. Analysts at Goldman Sachs downgraded SolarCity Corp SCTY from Conviction Buy to Neutral. SolarCity shares closed at $38.07 on Thursday. Analysts at FBR Capital downgraded New York Community Bancorp, Inc. NYCB from Market Perform to Underperform. The price target for New York Community Bancorp has been lowered from $16 to $15. New York Community Bancorp shares closed at $16.86 on Thursday.