Benzinga's Top Downgrades

Analysts at Sterne Agee downgraded Nordstrom (NYSE: JWN ) from “buy” to “neutral.” The target price for Nordstrom has been lowered from $70 to $62. Nordstrom's shares closed at $59.33 yesterday. Deutsche Bank downgraded Volterra Semiconductor (NASDAQ: VLTR ) from “buy” to “hold.” The target price for Volterra Semiconductor