Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Boyd Gaming BYD from “neutral” to “sell.” The target price for Boyd Gaming is set to $5.50. Boyd Gaming's shares closed at $7.48 yesterday. Analysts at RBC Capital downgraded Macerich Company MAC from “outperform” to “sector perform.” The target price for Macerich is set to $61. Macerich's shares closed at $61.52 yesterday. Analysts at Benchmark downgraded Cubic CUB from “buy” to “hold.” The target price for Cubic is set to $46. Cubic's shares closed at $48.40 yesterday. JP Morgan downgraded QUALCOMM QCOM from “overweight” to “neutral.” The target price for QUALCOMM is set to $70. QUALCOMM's shares closed at $67.18 yesterday.