Benzinga's Top Downgrades

Analysts at Deutsche Bank downgraded American Express Company AXP from Buy to Hold. American Express shares closed at $65.61 on Thursday. Evercore ISI Group downgraded Nordstrom, Inc. JWN from Hold to Sell. Nordstrom shares closed at $53.28 on Thursday. Analysts at Nordea downgraded Ericsson (ADR) ERIC to Hold. Ericsson shares closed at $8.27 on Thursday. Avondale Partners downgraded Landstar System, Inc. LSTR from Market Outperform to Market Perform. The target price for Landstar System has been lowered from $72.50 to $67.50. Landstar System shares closed at $65.44 on Thursday. Analysts at Argus Research downgraded Bank of New York Mellon Corp BK from Buy to Hold. Bank of New York Mellon shares closed at $40.70 on Thursday. Sterne Agee CRT downgraded D.R. Horton, Inc. DHI from Buy to Neutral. D.R. Horton shares gained 0.03 percent to close at $31.79 on Thursday. CLSA downgraded Nucor Corporation NUE from Outperform to Sell. Nucor shares rose 0.02 percent to close at $49.51 on Thursday. Analysts at Wedbush downgraded Tempur Sealy International Inc TPX from Outperform to Neutral. Tempur Sealy shares closed at $60.71 on Thursday.