Benzinga's Top Downgrades

Analysts at Stephens & Co. downgraded Krispy Kreme Doughnuts KKD from Overweight to Equal-weight. The target price for Krispy Kreme has been raised from $20 to $21. Krispy Kreme shares closed at $16.86 on Friday. Brean Capital downgraded Workday Inc WDAY from Hold to Sell. The target price for Workday is set to $55. Workday shares closed at $70.97 on Friday. Analysts at Northland Securities downgraded Stein Mart, Inc. SMRT from Buy to Neutral. Stein Mart shares closed at $6.79 on Friday. DA Davidson downgraded Cal-Maine Foods Inc CALM from Neutral to Underperform. Cal-Maine Foods shares closed at $51.65 on Friday. Raymond James downgraded Ulta Salon, Cosmetics & Fragrance, Inc. ULTA from Strong Buy to Market Perform. Ulta Salon shares closed at $208.68 on Friday. UBS downgraded L Brands Inc LB from Buy to Neutral. The target price for L Brands has been lowered from $101 to $74. L Brands shares closed at $69.59 on Friday. JP Morgan downgraded Occidental Petroleum Corporation OXY from Overweight to Neutral. The target price for Occidental Petroleum has been raised from $74 to $80. Occidental Petroleum shares closed at $76.06 on Friday.