Benzinga's Top Downgrades

Analysts at Jefferies downgraded Arch Coal ACI from “buy” to “hold.” The target price for Arch Coal has been lowered from $8 to $4.75. Arch Coal's shares closed at $4.69 yesterday. Analysts at UBS downgraded Navistar International NAV from “buy” to “neutral.” The target price for Navistar has been lowered from $44 to $36. Navistar's shares closed at $33.26 yesterday. Goldman Sachs downgraded KBR KBR from “buy” to “neutral.” The target price for KBR has been lowered from $34 to $32. KBR's shares closed at $27.38 yesterday. Analysts at Barclays downgraded PulteGroup PHM from “equal-weight” to “underweight.” The target price for PulteGroup has been lowered from $21 to $20. PulteGroup's shares closed at $18.84 yesterday.