Benzinga's Top Downgrades

Morgan Stanley downgraded SunPower Corporation SPWR from Sector Overweight to Equal-weight. The price target for SunPower has been lowered from $27 to $12. SunPower shares dropped 1.13 percent to $10.51 in pre-market trading.
Analysts at Macquarie downgraded Macy's Inc M from Outperform to Neutral. Macy's shares declined 0.78 percent to $39.50 in pre-market trading.
Needham downgraded Silicon Graphics International Corp SGI from Buy to Hold. Silicon Graphics shares rose 28.60 percent to $7.69 in pre-market trading.
Analysts at Dundee downgraded Weyerhaeuser Co WY from Buy to Neutral. Weyerhaeuser shares fell 0.76 percent to close at $32.47 on Wednesday.
Brean Capital downgraded Pernix Therapeutics Holdings Inc PTX from Buy to Hold. Pernix Therapeutics shares fell 17.12 percent to $0.630 in pre-market trading.
Oppenheimer downgraded Energy Focus Inc EFOI from Buy to Hold. Energy Focus shares declined 17.24 percent to close at $4.85 on Wednesday.
Analysts at DA Davidson downgraded Barracuda Networks Inc CUDA from Neutral to Underperform. The price target for Barracuda Networks has been raised from $17 to $19.50. Barracuda shares rose 0.82 percent to close at $22.08 on Wednesday.
Analysts at Raymond James downgraded Sovran Self Storage Inc SSS from Outperform to Market Perform. Sovran Self Storage shares slipped 0.59 percent to close at $92.53 on Wednesday.
RBC Capital downgraded Teck Resources Ltd (USA) TCK from Outperform to Sector Perform. Teck Resources shares dropped 0.91 percent to $16.27 in pre-market trading.
Monness Crespi Hardt downgraded Vista Outdoor Inc VSTO from Buy to Neutral. Vista Outdoor shares gained 0.58 percent to $43.00 in pre-market trading.