Benzinga's Top Downgrades

Evercore ISI Group downgraded Dr Pepper Snapple Group Inc. DPS from Buy to Hold. Dr Pepper Snapple shares declined 1.09 percent to $89.77 in pre-market trading.
Barclays downgraded Cabelas Inc CAB from Overweight to Equal-Weight. The price target for Cabelas has been raised from $50 to $64. Cabelas shares rose 0.09 percent to $63.24 in pre-market trading.
Raymond James downgraded Wells Fargo & Co WFC from Market Perform to Underperform. Wells Fargo shares declined 0.23 percent to $43.73 in pre-market trading.
Stifel Nicolaus downgraded GrubHub Inc GRUB from Buy to Hold. GrubHub shares declined 3.94 percent to $41.00 in pre-market trading.
Analysts at Morgan Stanley downgraded ONEOK, Inc. OKE from Overweight to Equal-weight. ONEOK shares fell 0.54 percent to close at $51.11 on Monday.
Analysts at Mizuho Securities downgraded Depomed Inc DEPO from Buy to Neutral. Depomed shares rose 1.60 percent to $25.99 in pre-market trading.
Guggenheim Securities downgraded Splunk Inc SPLK from Buy to Neutral. Splunk shares fell 1.27 percent to $60.40 in pre-market trading.
Analysts at Wells Fargo downgraded PacWest Bancorp PACW from Outperform to Market Perform. PacWest Bancorp shares fell 1.10 percent to close at $42.44 on Monday.
JP Morgan downgraded Reinsurance Group of America Inc RGA from Overweight to Neutral. Reinsurance Group shares slipped 0.58 percent to close at $107.31 on Monday.
Analysts at UBS downgraded Columbia Pipeline Partners LP CPPL from Buy to Neutral. Columbia Pipeline shares fell 0.06 percent to close at $16.13 on Monday.

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Benzinga's Top Downgrades