Benzinga's Top Downgrades

Raymond James downgraded Zions Bancorporation (NASDAQ: ZION ) from “strong buy” to “outperform.” The target price for Zions Bancorporation has been lowered from $36 to $32. Zions Bancorporation's shares closed at $28.87 yesterday. Analysts at Stifel Nicolaus downgraded HCP (NYSE: HCP ) from “buy” to “hold.” HCP's shares closed