Benzinga's Top Downgrades

Analysts at JP Morgan downgraded Ctrip.com International CTRP from Overweight to Neutral and lowered the price target from $82.00 to $57.00, according to Bloomberg. Ctrip.com's shares closed at $53.50 on Wednesday. Analysts at Pacific Crest downgraded Perfect World Co PWRD from Outperform to Sector Perform and removed the price target of $26.00, according to Bloomberg. Perfect World's shares closed at $18.94 yesterday. Analysts at Morgan Stanley downgraded Ctrip.com International CTRP from Overweight to Equalweight, according to Bloomberg. Ctrip.com's shares closed at $53.50 on Wednesday. Analysts at Iberia Capital downgraded Goodrich Petroleum GDP from Outperform to Sector Perform, according to Bloomberg. Goodrich Petroleum's shares closed at $9.20 on Wednesday.