Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Maxim Integrated (MXIM) and Texas Instruments (TXN) were both downgraded to Outperform at Raymond James by analyst Steven Smigie, who said the shares have approached his price target and sees limited short-term upside given concerns about its end markets of industrial, automotive, telco, and smartphone areas. 2. eBay (EBAY) downgraded to Underweight at Morgan Stanley with analyst Brian Nowak saying that the firm sees emerging risks coming from International marketplaces where growth is driven by buyers and more spend per buyer, both of which are at risk according to survey results. 3. Illumina (ILMN) downgraded to Hold at Cantor by analyst Brian Brokmeier, who said investors should move to the sidelines until visibility improves. BofA/Merrill also downgraded the stock to Neutral. 4. Potash (POT) downgraded to Underweight at Barclays with analyst Matthew Korn saying low prices along with pressure from new capacity will "substantially limit" the company's earnings prospects. 5. M&T Bank (MTB) downgraded to Hold at Sandler O'Neill by analyst Frank Shiraldi, who cited "unrealistic" consensus earnings expectations for 2017. 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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