Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Lumber Liquidators Holdings Inc LL from Neutral to Sell. The price target for Lumber Liquidators is set to $13. Lumber Liquidators shares closed at $18.67 on Wednesday. JP Morgan downgraded Corning Incorporated GLW from Overweight to Neutral. Corning shares closed at $18.52 on Wednesday. Analysts at Barclays downgraded CEB Inc CEB from Equal-weight to Underweight. The price target for CEB has been lowered from $78 to $68. CEB shares closed at $64.24 on Wednesday. Morgan Stanley downgraded RingCentral Inc RNG from Overweight to Equal-weight. RingCentral shares closed at $25.47 on Wednesday. Raymond James downgraded Signature Bank SBNY from Strong Buy to Outperform. Signature Bank shares closed at $157.35 on Wednesday. Analysts at Stifel Nicolaus downgraded DiamondRock Hospitality Company DRH from Buy to Hold. Diamondrock Hospitality shares closed at $10.31 on Wednesday. Mizuho Securities downgraded Valeant Pharmaceuticals Intl Inc VRX from Buy to Neutral. Valeant Pharmaceuticals shares closed at $118.49 on Wednesday. Analysts at Baird downgraded UDR, Inc. UDR from Outperform to Neutral. UDR shares closed at $37.28 on Wednesday. Analysts at Wells Fargo downgraded Lennox International Inc. LII from Outperform to Market Perform. Lennox International shares closed at $130.51 on Wednesday. Analysts at Wedbush downgraded Cerus Corporation CERS from Outperform to Neutral. The price target for Cerus is set to $6.50. Cerus shares closed at $6.59 on Wednesday.
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