Benzinga's Top Downgrades

Analysts at Stifel Nicolaus downgraded PepsiCo, Inc. PEP from Buy to Hold. PepsiCo shares fell 0.95 percent to $103.13 in pre-market trading. Cowen & Company downgraded Potash Corporation of Saskatchewan (USA) POT from Market Perform to Underperform. Potash Corporation of Saskatchewan shares declined 0.72 percent to $16.54 in pre-market trading. Analysts at Stifel Nicolaus downgraded Polaris Industries Inc. PII from Buy to Hold. Polaris Industries shares gained 0.02 percent to close at $96.74 on Wednesday. Cowen & Company downgraded CF Industries Holdings, Inc. CF from Market Perform to Underperform. The target price for CF Industries has is set to $25. CF Industries shares fell 1.67 percent to $30.70 in pre-market trading. Cowen & Company downgraded Mosaic Co MOS from Market Perform to Underperform. Mosaic shares declined 1.40 percent to $26.15 in pre-market trading.
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