Benzinga's Top Downgrades

Analysts at UBS downgraded Ralph Lauren Corporation RL from Buy to Neutral. The price target for Ralph Lauren has been lowered from $185 to $143. Ralph Lauren's shares closed at $139.71 yesterday. Analysts at Deutsche Bank downgraded Costco Wholesale Corporation COST from Buy to Hold. The price target for Costco Wholesale has been lowered from $147 to $142. Costco Wholesale's shares closed at $155.92 yesterday. Analysts at Morgan Stanley downgraded Macy's, Inc. M from Overweight to Equal-weight. The price target for Macy's is set to $70. Macy's shares closed at $64.89 yesterday. Analysts at Stifel Nicolaus downgraded Powell Industries, Inc. POWL from Buy to Hold. The price target for Powell Industries is set to $54. Powell Industries' shares closed at $36.58 yesterday.