Benzinga's Top Downgrades

Deutsche Bank downgraded Best Buy Co Inc BBY from Buy to Hold. Best Buy shares dropped 7.42 percent to close at $30.55 on Tuesday. BB&T Capital downgraded Pilgrim's Pride Corporation PPC from Buy to Hold. Pilgrim's Pride shares rose 0.20 percent to close at $25.01 on Tuesday. Analysts at Imperial Capital downgraded Bonanza Creek Energy Inc BCEI from In-line to Underperform. The target price for Bonanza Creek Energy has been lowered to $1.50. Bonanza Creek Energy shares tumbled 34.60 percent to close at $2.06 on Tuesday. Analysts at CLSA downgraded Total System Services, Inc. TSS from Buy to Outperform. Total System Services shares rose 1.61 percent to close at $54.81 on Tuesday. Analysts at BMO Capital downgraded Greif, Inc. GEF from Outperform to Market Perform. Greif shares gained 3.30 percent to close at $36.04 on Tuesday. Barclays downgraded MSC Industrial Direct Co Inc MSM from Equalweight to Underweight. MSC Industrial Direct shares rose 1.25 percent to close at $74.63 on Tuesday. Citigroup downgraded Amkor Technology, Inc. AMKR from Neutral to Sell. Amkor Technology shares fell 2.88 percent to $6.08 in pre-market trading.
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