Benzinga's Top Downgrades

Analysts at Canaccord Genuity downgraded Vical VICL from “buy” to “hold.” The target price for Vical has been raised from $7 to $1.40. Vical's shares closed at $1.53 yesterday. Cowen & Company downgraded athenahealth ATHN from “market perform” to “underperform.” The target price for athenahealth has been lowered from $96 to $93. athenahealth's shares closed at $115.66 yesterday. Stifel Nicolaus downgraded Microsoft MSFT from “buy” to “hold.” Microsoft's shares closed at $32.87 yesterday. Analysts at Maxim Group downgraded Macy's M from “buy” to “hold.” The target price for Macy's has been lowered from $56 to $48.50. Macy's shares closed at $48.11 yesterday.