Benzinga's Top Downgrades

Analysts at Jefferies downgraded Renren (NYSE: RENN ) from “hold” to “underperform.” The target price for Renren has been lowered from $3.30 to $2.90. Renren shares closed at $3.35 on Wednesday. Analysts at RBC Capital downgraded Points International (NASDAQ: PCOM ) from “outperform” to “sector perform.” Points International's shares