Benzinga's Top Downgrades

Analysts at Imperial Capital downgraded Penn Virginia Corporation PVA from Outperform to In-line. The target price for Penn Virginia has been lowered from $7 to $3.75. Penn Virginia shares closed at $3.59 yesterday. Nomura downgraded Receptos Inc RCPT from Buy to Neutral. The target price for Receptos has been raised from $202 to $232. Receptos shares closed at $207.18 yesterday. Analysts at Goldman Sachs downgraded Vodafone Group Plc (ADR) VOD from Buy to Neutral. Vodafone shares closed at $36.99 yesterday. Raymond James downgraded Manhattan Associates, Inc. MANH from Strong Buy to Outperform. The target price for Manhattan Associates has been raised from $63 to $69. Manhattan Associates shares closed at $62.39 yesterday. Deutsche Bank downgraded Cincinnati Financial Corporation CINF from Hold to Sell. The target price for Cincinnati Financial has been lowered from $46 to $43. Cincinnati Financial shares closed at $54.17 yesterday. Morgan Stanley downgraded Eli Lilly and Co LLY from Overweight to Equalweight. Eli Lilly shares closed at $88.73 yesterday. Analysts at Susquehanna downgraded LPL Financial Holdings Inc LPLA from Positive to Neutral. LPL Financial shares closed at $46.35 yesterday. Jefferies downgraded Health Net, Inc. HNT from Buy to Hold. Health Net shares closed at $68.12 yesterday. Global Hunter downgraded Graco Inc. GGG from Buy to Accumulate. Graco shares closed at $69.58 yesterday.