Benzinga's Top Downgrades

Analysts at Bernstein downgraded Allegion PLC ALLE from Outperform to Market Perform. The price target for Allegion has been raised from $65.00 to $66.00. Allegion shares closed at $61.15 yesterday. Analysts at Jefferies downgraded GrafTech International Ltd GTI from Buy to Hold. The price target for GrafTech International has been lowered from $7.50 to $5.05. GrafTech International shares closed at $4.84 yesterday. Analysts at Goldman Sachs downgraded Boston Beer Co Inc SAM from Neutral to Sell. The price target for Boston Beer has been lowered from $284.00 to $240.00. Boston Beer shares closed at $247.80 yesterday. Analysts at Bank of America downgraded Kirby Corporation KEX from Buy to Underperform. The price target for Kirby has been lowered from $86.00 to $72.00. Kirby shares closed at $78.53 yesterday. CICC downgraded Baidu Inc (ADR) BIDU from Buy to Hold. The price target for Baidu has been lowered from $258.00 to $212.00. Baidu shares closed at $200.28 yesterday. Credit Suisse downgraded Constant Contact Inc CTCT from Outperform to Neutral. The price target for Constant Contact has been lowered from $40.00 to $30.00. Constant Contact shares closed at $34.85 yesterday. JP Morgan downgraded TAL International Group, Inc. TAL from Overweight to Neutral. The price target for TAL International Group has been lowered from $43.00 to $37.00. TAL International Group's shares closed at $38.54 yesterday. Citigroup downgraded Armstrong World Industries, Inc. AWI from Buy to Neutral. The price target for Armstrong World Industries has been lowered from $65.00 to $62.00. Armstrong World Industries' shares closed at $54.74 yesterday. Baird downgraded Genesis Energy, L.P. GEL from Outperform to Neutral. The price target for Genesis Energy is set to $52. Genesis Energy shares closed at $49.71 yesterday. Northland Securities downgraded Clicksoftware Technologies Ltd CKSW from Outperform to Market Perform. The price target for ClickSoftware has been raised from $10.50 to $12.65. ClickSoftware shares closed at $12.42 yesterday.
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