Benzinga's Top Downgrades

Analysts at Keefe Bruyette & Woods downgraded Deutsche Bank AG (USA) DB from Market Perform to Underperform. Deutsche Bank shares closed at $19.46 on Thursday. Baird downgraded Western Digital Corp WDC from Outperform to Neutral. Western Digital shares fell 5.56 percent to $43.50 in pre-market trading. Analysts at Goldman Sachs downgraded GNC Holdings Inc GNC from Buy to Neutral. The target price for GNC Holdings has been lowered from $40 to $30. GNC Holdings shares fell 0.02 percent to close at $25.32 on Thursday. Brean Capital downgraded Avnet, Inc. AVT from Buy to Hold. Avnet shares fell 0.10 percent to close at $41.86 on Thursday. Analysts at Bank of America downgraded Level 3 Communications, Inc. LVLT from Buy to Neutral. Level 3 Communications shares gained 0.06 percent to close at $54.23 on Thursday.