Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Hyatt (H) downgraded to Market Perform from Outperform at Wells Fargo with the firm arguing that the stock lacks near-term catalysts as it does not expect the company to aggressively look to sell its assets. 2. Alaska Air (ALK) downgraded to Outperform from Strong Buy at Raymond James with analyst Savanthi Syth saying domestic fare weakness and a lack of clarity on the earnings impact from the acquisition of Virgin America (VA) will delay upside in the shares. 3. La Quinta (LQ) downgraded to Underperform from Market Perform at Wells Fargo with the firm citing valuation and the 50-100 basis point reduction in the firm's industry 2016 RevPAR growth outlook. 4. Cadence Design (CDNS) downgraded to Hold from Buy at Needham with analyst Richard Valera citing continued shares outperformance and little room for multiple expansion. 5. Infinity Pharmaceuticals (INFI) downgraded to Neutral from Overweight at JPMorgan. 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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