Benzinga's Top Downgrades

Analysts at Raymond James downgraded Infinera Corp. INFN from Outperform to Market Perform. Infinera shares fell 32.93 percent to $8.39 in pre-market trading.
Analysts at Societe Generale downgraded Mondelez International Inc MDLZ from Buy to Hold. Mondelez shares gained 1.62 percent to $44.65 in pre-market trading.
CLSA downgraded Dunkin Brands Group Inc DNKN from Outperform to Underperform. Dunkin Brands shares dropped 1.34 percent to $45.65 in pre-market trading.
MKM Partners downgraded Activision Blizzard, Inc. ATVI from Buy to Neutral. Activision Blizzard shares dropped 0.93 percent to $40.51 in pre-market trading.
Avondale Partners downgraded TerraForm Power Inc TERP from Market Outperform to Market Perform. TerraForm Power shares declined 1.52 percent to $12.30 in pre-market trading.
Analysts at Monness Crespi Hardt downgraded Facebook Inc FB from Buy to Neutral. Facebook shares gained 4 percent to $128.25 in pre-market trading.
Wells Fargo downgraded Silgan Holdings Inc. SLGN from Outperform to Market Perform. Silgan Holdings shares dropped 5.09 percent to close at $49.99 on Wednesday.
JP Morgan downgraded Level 3 Communications, Inc. LVLT from Overweight to Neutral. Level 3 Communications shares fell 5.97 percent to close at $52.65 on Tuesday.
Analysts at Credit Suisse downgraded Ashland Inc ASH from Outperform to Neutral. Ashland shares rose 0.11 percent to $113.69 in pre-market trading.