Benzinga's Top Downgrades

Morgan Stanley downgraded Cypress Semiconductor Corporation CY from Overweight to Equal-weight. Cypress Semiconductor shares fell 1.85 percent to $11.15 in pre-market trading.
Raymond James downgraded EMC Corporation EMC from Outperform to Market Perform. EMC shares declined 0.36 percent to $27.45 in pre-market trading.
Analysts at Nomura downgraded Infosys Ltd ADR INFY from Buy to Neutral. Infosys shares dropped 0.12 percent to $16.79 in pre-market trading.
Analysts at Piper Jaffray downgraded Stratasys, Ltd. SSYS from Overweight to Neutral. The price target for Stratasys has been lowered from $32 to $24. Stratasys shares declined 3.39 percent to $22.50 in pre-market trading.
Analysts at Stifel Nicolaus downgraded Alliance Data Systems Corporation ADS from Buy to Hold. Alliance Data Systems shares fell 0.70 percent to $211.67 in pre-market trading.
Credit Suisse downgraded ARM Holdings plc (ADR) ARMH from Outperform to Neutral. ARM Holdings shares climbed 43.16 percent to $67.40 in pre-market trading.
BMO Capital downgraded Merck & Co., Inc. MRK from Outperform to Market Perform. Merck shares dropped 0.72 percent to $59.20 in pre-market trading.
Analysts at RBC Capital downgraded Regal Entertainment Group RGC from Outperform to Sector Perform. Regal Entertainment shares fell 1.14 percent to $22.62 in pre-market trading.
Wells Fargo downgraded Monster Beverage Corporation MNST from Outperform to Market Perform. Monster Beverage shares slipped 1.50 percent to $159.18 in pre-market trading.
Buckingham Research downgraded KB Home KBH from Buy to Neutral. KB Home shares declined 1.10 percent to $16.25 in pre-market trading.