Benzinga's Top Downgrades

Argus Research downgraded Tractor Supply Company TSCO from Buy to Hold. Tractor Supply shares fell 1.74 percent to close at $62.07 on Thursday.
Barclays downgraded California Water Service Group CWT from Equal-Weight to Underweight. The price target for California Water Service has been lowered from $31 to $28. California Water Service shares fell 0.71 percent to close at $32.20 on Thursday.
JMP Securities downgraded Raymond James Financial, Inc. RJF from Market Outperform to Market Perform. Raymond James Financial shares rose 4.79 percent to close at $61.96 on Thursday.
Baird downgraded McKesson Corporation MCK from Outperform to Neutral. McKesson shares fell 16.60 percent to $133.86 in pre-market trading.
Analysts at Morgan Stanley downgraded NXP Semiconductors NV NXPI from Overweight to Equal-Weight. NXP Semiconductors shares rose 0.13 percent to $99.21 in pre-market trading.
Analysts at Pacific Crest downgraded World Wrestling Entertainment, Inc. WWE from Overweight to Sector Weight. World Wrestling Entertainment shares rose 0.21 percent to close at $19.17 on Thursday.
Bank of America downgraded GNC Holdings Inc GNC from Neutral to Underperform. GNC shares fell 3.44 percent to $14.61 in pre-market trading.
Craig-Hallum downgraded Synaptics, Incorporated SYNA from Buy to Hold. Synaptics shares dropped 12.11 percent to $59.50 in pre-market trading.
Analysts at Exane BNP Paribas downgraded Nokia Corp (ADR) NOK from Outperform to Neutral. Nokia shares fell 3.38 percent to $4.57 in pre-market trading.
Analysts at Credit Suisse downgraded Baidu Inc (ADR) BIDU from Outperform to Neutral. Baidu shares rose 3.66 percent to $181.50 in pre-market trading.

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