Benzinga's Top Pre-Market Losers

Johnson Controls (NYSE: JCI) dipped 2.96% to $41.27 in the pre-market session after analysts at Morgan Stanley downgraded the stock from Overweight to Underweight.

United States Steel (NYSE: X) shares dropped 1.91% to $20.05 in pre-market trading. United States Steel's PEG ratio is -1.20.

Cliffs Natural Resources (NYSE: CLF) shares fell 1.86% to $20.61 in the pre-market trading. Cliffs Natural's trailing-twelve-month ROE is -21.66%.

Ford Motor Co (NYSE: F) dipped 1.76% to $16.75 in the pre-market session. Ford shares have jumped 71.70% over the past 52 weeks, while the S&P 500 index has gained 17.12% in the same period.