Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Sanderson Farms SAFM from “buy” to “neutral.” The target price for Sanderson Farms is set to $80. Sanderson's shares closed at $83.77 yesterday. Jefferies downgraded Public Storage PSA from “buy” to “hold.” The target price for Public Storage has been lowered from $185 to $175. Public Storage's shares closed at $173.20 yesterday. Analysts at JP Morgan downgraded SPX SPW from “overweight” to “neutral.” The target price for SPX has been lowered from $115 to $112. SPX's shares closed at $103.45 yesterday. Bernstein downgraded Cliffs Natural Resources CLF from “market perform” to “underperform.” The target price for Cliffs Natural Resources has been lowered from $24 to $13. Cliffs Natural's shares closed at $17.86 yesterday.