Benzinga's Top Downgrades

Analysts at Jefferies downgraded Infinera (NASDAQ: INFN) from “buy” to “hold.” The target price for Infinera has been raised from $9 to $12. Infinera's shares closed at $11.24 on Friday.

Analysts at Piper Jaffray downgraded Encore Capital Group (NASDAQ: ECPG) from “overweight” to “neutral.” The target price for Encore Capital Group is set to $36. Encore Capital's shares closed at $37.36 on Friday.

Analysts at Compass Point downgraded MICROS Systems (NASDAQ: MCRS) from “buy” to “neutral.” The target price for MICROS Systems is set to $45. MICROS's shares closed at $42.51 on Friday.

Bank of America downgraded Novo Nordisk A/S (NYSE: NVO) from “buy” to “neutral.” Novo Nordisk's shares closed at $167.58 on Friday.