Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. 3D Systems (DDD) downgraded to Sell at Citi by analyst Kenneth Wong after the stock has nearly tripled since the market selloff in February. Wong said the hiring of Vyomesh Joshi as CEO is a positive, but already priced into the shares at current levels. He adds that a takeout is "highly unlikely." 2.Aircastle (AYR) double downgraded to Underweight at Barclays to "better reflect even a modest risk of recession over the next year." 3. Foot Locker (FL) downgraded to Market Perform at Cowen by analyst John Kernan after the firm's checks indicated the promotions on signature sneakers are rising rapidly and data showed that average selling prices of Nike (NKE) footwear declined 1% in North America in Q3. 4. Seagate (STX) downgraded to Hold at Argus after the company issued a negative preannouncement. The analyst firm believes the company is facing structural challenges and finds the decline in the company's gross margin to be worrisome. 5. SeaWorld (SEAS) downgraded to Neutral at Citi with analyst Jason Bazinet saying a retrenchment in Orlando airport traffic could offset the benefits from the management's change in strategy. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
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