Benzinga's Top Downgrades

Analysts at Citigroup downgraded J.C. Penney Company JCP from “neutral” to “sell.” The target price for J.C. Penney has been lowered from $20 to $11. J.C. Penney's shares closed at $14.60 yesterday. Benchmark downgraded Entropic Communications ENTR from “buy” to “hold.” The target price for Entropic Communications has been lowered from $6 to $4. Entropic's shares closed at $4.43 yesterday. ISI Group downgraded MedAssets MDAS from “strong buy” to “buy.” The target price for MedAssets has been raised from $23 to $24.50. MedAssets's shares closed at $21.77 yesterday. Analysts at Bank of America downgraded Covance CVD from “buy” to “neutral.” The target price for Covance has been raised from $81 to $85. Covance's shares closed at $82.50 yesterday.