Benzinga's Top Downgrades

Analysts at UBS downgraded Staples, Inc. SPLS from Buy to Neutral. The target price for Staples has been lowered from $14 to $10.50. Staples shares fell 15.06 percent to $8.80 in pre-market trading. Analysts at Credit Suisse downgraded SeaWorld Entertainment Inc SEAS from Outperform to Underperform. The target price for SeaWorld Entertainment has been lowered from $27 to $15. SeaWorld Entertainment shares closed at $18.43 on Tuesday. UBS downgraded Office Depot Inc ODP from Neutral to Sell. The target price for Office Depot has been lowered from $5.50 to $4.00. Office Depot shares dropped 34.81 percent to $3.97 in pre-market trading. Piper Jaffray downgraded Ross Stores, Inc. ROST from Neutral to Underweight. Ross Stores shares declined 1.03 percent to close at $57.56 on Tuesday. Analysts at Susquehanna downgraded EOG Resources Inc EOG from Positive to Neutral. EOG Resources shares closed at $79.73 on Tuesday. Morgan Stanley downgraded Regal Beloit Corp RBC from Overweight to Equal-weight. The target price for Regal Beloit has been lowered from $65 to $62. Regal Beloit shares fell 8.97 percent to close at $57.61 on Tuesday. SunTrust Robinson Humphrey downgraded NewLink Genetics Corp NLNK from Buy to Neutral. NewLink Genetics shares tumbled 30.61 percent to close at $11.45 on Tuesday. Barclays downgraded St. Jude Medical, Inc. STJ from Overweight to Equal-weight. The target price for St Jude Medical has been raised from $74 to $80. St. Jude Medical shares rose 0.52 percent to close at $75.51 on Tuesday. Analysts at Keefe Bruyette & Woods downgraded LendingClub Corp LC from Market Perform to Underperform. The target price for LendingClub has been lowered from $15 to $2. LendingClub shares fell 2.68 percent to $3.99 in pre-market trading.
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