Benzinga's Top Downgrades

Analysts at Morgan Stanley downgraded Rackspace Hosting, Inc. RAX from Overweight to Equal-weight. The price target for Rackspace Hosting has been lowered from $55.00 to $49.00. Rackspace Hosting shares closed at $53.13 yesterday. Analysts at Macquarie downgraded Verizon Communications Inc. VZ from Neutral to Underperform. The price target for Verizon Communications has been raised from $44.50 to $45.00. Verizon Communications' shares closed at $49.80 yesterday. Analysts at Deutsche Bank downgraded SouFun Holdings Ltd SFUN from Buy to Hold. The price target for SouFun Holdings has been lowered from $9.50 to $7.20. SouFun Holdings' shares closed at $8.06 yesterday. Analysts at KeyBanc downgraded Rosetta Resources Inc. ROSE from Overweight to Sector Weight and removed the price target of $28.00. Rosetta Resources' shares closed at $24.58 yesterday. Credit Suisse downgraded LivePerson, Inc. LPSN from Outperform to Neutral. The price target for LivePerson is set to $8. LivePerson shares closed at $9.46 yesterday. FBR Capital downgraded Gap Inc GPS from Outperform to Market Perform. Gap shares closed at $39.87 yesterday. Northland Securities downgraded Numerex Corp. NMRX from Outperform to Market Perform. The price target for Numerex has been lowered from $14.00 to $10.00. Numerex shares closed at $10.27 yesterday. Credit Suisse downgraded Brookfield Renewable Energy Partners LP BEP from Neutral to Underperform. The price target for Brookfield Renewable is set to $38. Brookfield Renewable shares closed at $31.73 yesterday. Compass Point downgraded The First Marblehead Corporation FMD from Buy to Neutral. The price target for First Marblehead is set to $7. First Marblehead shares closed at $6.75 yesterday.