Benzinga's Top Downgrades

Analysts at Bank of America downgraded Protective Life Corporation (NYSE: PL ) from “neutral” to “underperform”. The target price for Protective Life Corporation has been maintained at $34.00. Protective Life Corporation shares closed at $35.00 yesterday. Analysts at Citigroup downgraded Lufkin Industries, Inc (NASDAQ: LUFK ) from “buy”