Benzinga's Top Downgrades

Analysts at Credit Suisse downgraded VeriSign, Inc. VRSN from Neutral to Underperform. The price target for VeriSign is set to $47.50. VeriSign's shares closed at $56.81 on Friday. Analysts at Keefe Bruyette & Woods downgraded First Republic Bank FRC from Outperform to Market Perform. The price target for First Republic Bank is set to $55. First Republic Bank's shares closed at $51.21 on Friday. Analysts at Barclays downgraded United Parcel Service, Inc. UPS from Overweight to Equal-weight. The price target for United Parcel Service has been lowered from $116 to $105. United Parcel Service's shares closed at $102.93 on Friday. Analysts at Bernstein downgraded State Street Corporation STT from Market Perform to Underperform. The price target for State Street has been lowered from $87 to $67. State Street's shares closed at $72.40 on Friday.