Benzinga's Top Downgrades

Analysts at Goldman Sachs downgraded Caterpillar (NYSE: CAT) from “buy” to “neutral.” The target price for Caterpillar has been lowered from $116 to $101. Caterpillar's shares closed at $84.88 yesterday.

Analysts at Citigroup downgraded Cigna (NYSE: CI) from “buy” to “neutral.” The target price for Cigna has been raised from $62 to $65. Cigna's shares closed at $64.75 yesterday.

Analysts at Cantor Fitzgerald downgraded Cubist Pharmaceuticals (NASDAQ: CBST) from “hold” to “sell.” The target price for Cubist Pharmaceuticals has been raised from $38 to $40. Cubist Pharmaceuticals' shares closed at $48.79 yesterday.

Bank of America downgraded Caseys General Stores (NASDAQ: CASY) from “buy” to “neutral.” The target price for Caseys has been raised from $60 to $63. Caseys' shares closed at $57.45 yesterday.