Benzinga's Top Downgrades

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Analysts at Cowen & Company downgraded GrubHub Inc GRUB from Outperform to Market Perform. The target price for GrubHub has been lowered from $39 to $30. GrubHub shares closed at $33.82 on Friday. Atlantic Morgan Stanley downgraded Ultragenyx Pharmaceutical Inc RARE from Overweight to Equal-weight. The target price for GrubHub has been raised from $77 to $126.Ultragenyx Pharmaceutical shares closed at $131.36 on Friday. Analysts at JP Morgan downgraded Omnicare, Inc. OCR from Overweight to Neutral. The target price for Omnicare has been raised from $90 to $98. Omnicare shares closed at $95.26 on Friday. Goldman Sachs downgraded Navistar International Corp NAV from Neutral to Sell. The target price for Navistar International has been lowered from $22 to $15. Navistar International shares closed at $17.66 on Friday. Analysts at Baird downgraded Biogen Inc BIIB from Outperform to Neutral. The target price for Biogen has been lowered from $480 to $316. Biogen shares closed at $300.03 on Friday. Natixis downgraded Foresight Energy LP FELP from Buy to Neutral. The target price for Foresight Energy has been lowered from $19 to $12. Foresight Energy shares closed at $8.55 on Friday. Analysts at Evercore Partners downgraded Diana Shipping Inc. DSX from Hold to Sell. Diana Shipping shares closed at $7.51 on Friday. Citigroup downgraded Globant SA GLOB from Buy to Neutral. The target price for Globant has been raised from $27 to $34. Globant shares closed at $32.92 on Friday. Wells Fargo downgraded DealerTrack Technologies Inc TRAK from Outperform to Market Perform. Dealertrack Technologies shares closed at $61.98 on Friday. Analysts at Raymond James downgraded Clean Harbors Inc CLH from Outperform to Market Perform. Clean Harbors shares closed at $50.41 on Friday.
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