Benzinga's Top Downgrades

Analysts at Barclays downgraded Lockheed Martin Corporation LMT from Equal-weight to Underweight. The price target for Lockheed Martin has been lowered from $215 to $210. Lockheed Martin shares closed at $225.96 on Friday. Evercore ISI Group downgraded Marriott International Inc MAR from Buy to Hold. Marriott shares closed at $71.48 on Friday. Analysts at Wolfe Research downgraded FedEx Corporation FDX from Outperform to Peer Perform. FedEx shares closed at $164.19 on Friday. Stephens & Co. downgraded Beacon Roofing Supply, Inc. BECN from Overweight to Equal-weight. Beacon Roofing Supply shares closed at $43.16 on Friday. Wells Fargo downgraded Prologis Inc PLD from Outperform to Market Perform. Prologis Power shares closed at $43.60 on Friday. Analysts at FBR Capital downgraded Lululemon Athletica inc. LULU from Market Perform to Underperform. The price target for Lululemon Athletica has been lowered from $55 to $42. Lululemon Athletica shares closed at $52.50 on Friday. Raymond James downgraded Allegiant Travel Company ALGT from Outperform to Market Perform and removed the price target of $255.00. Allegiant Travel shares closed at $193.28 on Friday. Analysts at Morgan Stanley downgraded Coty Inc COTY from Equal-weight to Underweight. The price target for Coty is set to $26. Coty shares closed at $28.91 on Friday. Analysts at RBC Capital downgraded PACCAR Inc PCAR from Outperform to Sector Perform. The price target for PACCAR has been lowered to $57. PACCAR shares closed at $51.84 on Friday. Analysts at Oppenheimer downgraded American Eagle Outfitters AEO from Outperform to Perform. The price target for American Eagle has been lowered to $17. American Eagle shares closed at $16.40 on Friday.