Benzinga's Top Downgrades

Analysts at Bank of America downgraded Avon Products (NYSE: AVP ) from “buy” to “neutral.” The target price for Avon Products has been lowered from $22.50 to $18.50. Avon's shares closed at $16.92 yesterday. Analysts at Morgan Stanley downgraded LSI Logic (NYSE: LSI ) from “overweight” to “equal-weight.”