Benzinga's Top Downgrades

Analysts at Citigroup downgraded Biogen Idec

from “buy” to “neutral.” The target price for Biogen Idec has been raised from $235 to $236. Biogen Idec's shares closed at $223.03 yesterday. Analysts at Deutsche Bank downgraded KapStone Paper and Packaging

from “buy” to “hold.” The target price for KapStone Paper and Packaging has been raised from $31 to $38. KapStone Paper and Packaging's shares closed at $36.61 yesterday. Analysts at Raymond James downgraded Synnex

from “outperform” to “market perform.” Synnex's shares closed at $41.88 yesterday. RBC Capital downgraded Prudential Financial

from “top pick” to “outperform.” The target price for Prudential Financial is set to $92. Prudential Financial's shares closed at $70.93 yesterday.