Benzinga's Top Downgrades

Analysts at Bank of America downgraded Nike Inc (NYSE: NKE) from Neutral to Underperform. Nike shares fell 1.67 percent to $51.15 in pre-market trading.
Cross Research downgraded Sanmina Corp (NASDAQ: SANM) from Buy to Hold. Sanmina shares rose 0.53 percent to close at $28.50 on Friday.
Raymond James downgraded WCI Communities Inc (NYSE: WCIC) from Outperform to Market Perform. WCI Communities shares fell 0.43 percent to $23.10 in pre-market trading.
Macquarie downgraded Baidu Inc (ADR) (NASDAQ: BIDU) from Outperform to Neutral. Baidu shares fell 0.45 percent to $178.79 in pre-market trading.
Benchmark downgraded Perion Network Ltd (NASDAQ: PERI) from Buy to Hold. Perion Network shares fell 0.93 percent to close at $1.06 on Friday.
Analysts at Bank of America downgraded AutoNation, Inc. (NYSE: AN) from Buy to Neutral. AutoNation shares fell 1.47 percent to $43.50 in pre-market trading.
Piper Jaffray downgraded Home Depot Inc (NYSE: HD) from Overweight to Neutral. Home Depot shares fell 0.73 percent to $122.68 in pre-market trading.
DA Davidson downgraded NetSuite Inc (NYSE: N) from Buy to Neutral. Netsuite shares closed at $95.02 on Friday.
Analysts at Citigroup downgraded Novo Nordisk A/S (ADR) (NYSE: NVO) from Buy to Neutral. Novo Nordisk shares fell 1.29 percent to $35.20 in pre-market trading.
Analysts at Macquarie downgraded Commercial Metals Company (NYSE: CMC) from Outperform to Neutral. Commercial Metals shares closed at $15.48 on Friday.