Benzinga's Top Downgrades

Analysts at Jefferies downgraded Chipotle Mexican Grill, Inc. CMG from Hold to Underperform. Chipotle shares closed at $500.63 on Wednesday. Nomura downgraded Starwood Hotels & Resorts Worldwide Inc HOT from Buy to Neutral. The target price for Starwood Hotels has been lowered from $93 to $82. Starwood Hotels shares closed at $76.08 on Wednesday. Oppenheimer downgraded Pernix Therapeutics Holdings Inc PTX from Outperform to Perform. Pernix Therapeutics shares closed at $1.16 on Wednesday. Analysts at Morgan Stanley downgraded Helmerich & Payne, Inc. HP from Equal-weight to Underweight. The target price for Helmerich & Payne has been raised from $50 to $55. Helmerich & Payne shares closed at $62.44 on Wednesday. Analysts at Credit Suisse downgraded L Brands Inc LB from Outperform to Neutral. The target price for L Brands has been lowered from $103 to $90. L Brands shares closed at $87.08 on Wednesday. JP Morgan downgraded Southcross Energy Partners LP SXE from Neutral to Underweight. Southcross Energy shares closed at $1.18 on Wednesday. Analysts at BB&T Capital downgraded Restoration Hardware Holdings Inc RH from Buy to Hold. Restoration Hardware shares closed at $38.85 on Wednesday. Analysts BTIG Research downgraded Twenty-First Century Fox Inc FOXA from Buy to Neutral. Twenty-First Century Fox shares closed at $28.12 on Wednesday. Morgan Stanley downgraded InterContinental Hotels Group PLC (ADR) IHG from Overweight to Equal-weight. InterContinental Hotels shares closed at $40.16 on Wednesday. Analysts at Argus Research downgraded Regency Centers Corp REG from Buy to Hold. Regency Centers shares closed at $75.52 on Wednesday.