Benzinga's Top Downgrades

Goldman Sachs downgraded Gigamon GIMO from “buy” to “neutral.” The target price for Gigamon has been lowered from $29 to $14. Gigamon's shares closed at $18.18 yesterday. Analysts at Raymond James downgraded Moody's MCO from “outperform” to “market perform” and removed the price target of $87. Moody's shares closed at $89.06 yesterday. Analysts at RBC Capital downgraded Louisiana-Pacific LPX from “outperform” to “sector perform.” The target price for Louisiana-Pacific has been lowered from $18 to $16. Louisiana-Pacific's shares closed at $14.35 yesterday. Buckingham Research downgraded Coach COH from “neutral” to “underperform.” The target price for Coach has been lowered from $32 to $28. Coach's shares closed at $34.98 yesterday.
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