Benzinga's Top Downgrades

Jefferies downgraded Hormel Foods Corp HRL from Buy to Hold. The target price for Hormel Foods has been raised to $43. Hormel Foods shares closed at $44.43 on Tuesday. Morgan Stanley downgraded Cintas Corporation CTAS from Equal-weight to Underweight. The target price for Cintas has been lowered from $93 to $79. Cintas shares closed at $83.98 on Tuesday. Analysts at Imperial Capital downgraded ADT Corp ADT from Outperform to In-line. The target price for ADT has been raised from $40 to $42. ADT shares closed at $39.63 on Tuesday. Analysts at Barclays downgraded Rackspace Hosting, Inc. RAX from Overweight to Equal-weight. The target price for Rackspace Hosting has been lowered from $35 to $21. Rackspace Hosting shares closed at $18.18 on Tuesday. Wedbush downgraded Genuine Parts Company GPC from Outperform to Neutral. The target price for Genuine Parts has been lowered to $91. Genuine Parts shares closed at $89.61 on Tuesday. Analysts at Stifel Nicolaus downgraded Peabody Energy Corporation BTU from Buy to Neutral. Peabody Energy shares closed at $2.32 on Tuesday. Analysts at JP Morgan downgraded Southern Copper Corp SCCO from Overweight to Neutral. The target price for Southern Copper has been lowered to $28. Southern Copper shares closed at $26.40 on Tuesday. Evercore ISI Group downgraded Cerner Corporation CERN from Buy to Hold. The target price for Cerner has been lowered to $52. Cerner shares closed at $55.46 on Tuesday. Analysts at Bank of America downgraded Martin Midstream Partners L.P. MMLP from Buy to Underperform. Martin Midstream Partners shares closed at $15.48 on Tuesday. Analysts at Topeka Capital downgraded Clear Channel Outdoor Holdings, Inc. CCO from Buy to Sell. Clear Channel Outdoor shares closed at $3.53 on Tuesday.