Benzinga's Top Downgrades

Longbow Research downgraded Polaris Industries Inc. (NYSE: PII) from Neutral to Underperform. Polaris Industries shares closed at $103.41 on Thursday.

Analysts at RBC Capital downgraded Rayonier Advanced Materials Inc (NYSE: RYAM) from Sector Perform to Underperform. The price target for Rayonier Advanced Materials has been lowered from $10 to $9. Rayonier Advanced Materials shares closed at $11.86 on Thursday.

Barclays downgraded Analog Devices, Inc. (NASDAQ: ADI) from Overweight to Equal-weight. The price target for Analog Devices has been lowered from $70 to $60. Analog Devices shares closed at $59.05 on Thursday.

Analysts at Longbow Research downgraded Toro Co (NYSE: TTC) from Buy to Neutral.. Toro shares closed at $74.33 on Thursday.