Benzinga's Top Downgrades

Analysts at Bank of America downgraded Avon Products AVP from “buy” to “neutral.” The target price for Avon Products has been lowered from $22.50 to $18.50. Avon's shares closed at $16.92 yesterday. Analysts at Morgan Stanley downgraded LSI Logic LSI from “overweight” to “equal-weight.” The target price for LSI Logic has been raised from $10 to $11.15. LSI Logic's shares closed at $10.92 yesterday. Jefferies downgraded El Paso Electric Company EE from “buy” to “hold.” The target price for El Paso Electric has been lowered from $40 to $37. El Paso Electric's shares closed at $34.68 yesterday. Citigroup downgraded Jabil Circuit JBL from “neutral” to “sell.” The target price for Jabil Circuit has been lowered from $24 to $14. Jabil Circuit's shares closed at $19.72 yesterday.