Benzinga's Top Downgrades

Barclays downgraded Sonoco Products Co (NYSE: SON) from Equal-weight to Underweight. The price target for Sonoco Products has been lowered from $41 to $38. Sonoco Products shares closed at $42.93 on Friday. Analysts at Morgan Stanley downgraded bluebird bio Inc (NASDAQ: BLUE) from Overweight to Equal-weight. The price target for bluebird bio has been lowered from $143 to $69. bluebird bio shares closed at $83.66 on Friday. Cowen & Company downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) from Outperform to Market Perform. The price target for Chipotle Mexican Grill has been lowered from $775 to $515. Chipotle Mexican Grill shares closed at $560.67 on Friday. Analysts at Stifel Nicolaus downgraded Covanta Holding Corp (NYSE: CVA) from Buy to Hold. Covanta Holding shares closed at $16.11 on Friday. Analysts at RBC Capital downgraded Thompson Creek Metals Company Inc (USA) (NYSE: TC) from Sector Perform to Underperform. Thompson Creek Metals shares closed at $0.238 on Friday. KeyBanc downgraded Sovran Self Storage Inc (NYSE: SSS) from Overweight to Sector Weight. Sovran Self Storage shares closed at $100.57 on Friday. UBS downgraded Polaris Industries Inc. (NYSE: PII) from Buy to Neutral. The price target for Polaris Industries has been lowered from $119 to $105. Polaris Industries shares closed at $99.11 on Friday. Analysts at Raymond James downgraded Towers Watson & Co (NASDAQ: TW) from Outperform to Market Perform. Towers Watson shares closed at $135.00 on Wednesday. Analysts at Stpehens downgraded Tyson Foods, Inc. (NYSE: TSN) from Overweight to Equal-weight. The price target for Tyson Foods has been raised from $50 to $53. Tyson Foods shares closed at $52.02 on Wednesday. Analysts at HSBC downgraded ArcelorMittal SA (ADR) (NYSE: MT) from Buy to Hold. ArcelorMittal shares closed at $4.38 on Friday.