Benzinga's Top Downgrades - IPG Photonics (NASDAQ:IPGP), MarketAxess Holdings (NASDAQ:MKTX)

Analysts at Raymond James downgraded

MarketAxess Holdings Inc.MKTX

from Outperform to Market Perform and removed the price target of $86.00. MarketAxess Holdings' shares closed at $88.80 on Friday. Analysts at Stifel Nicolaus downgraded

IPG Photonics CorporationIPGP

from Buy to Hold and removed the price target of $107.00. IPG Photonics' shares closed at $100.00 on Friday. RBC Capital downgraded

Perrigo Company Public Limited CompanyPRGO

from Outperform to Sector Perform. The price target for Perrigo has been lowered from $175.00 to $170.00. Perrigo's shares closed at $172.87 on Friday. Analysts at Barclays downgraded

Wesco International Inc.WCC

from Overweight to Equal-weight. The price target for Wesco International has been lowered from $80.00 to $73.00. Wesco International's shares closed at $68.57 on Friday.

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