Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Nike (NKE) downgraded to Market Perform from Outperform at Cowen with analyst John Kernan citing the potential for share losses to competitors Under Armour (UA) and adidas (ADDYY) to accelerate. 2. Patterson-UTI (PTEN) downgraded to Neutral from Buy at Guggenheim. 3. Rent-A-Center (RCII) downgraded to Market Perform from Outperform at Raymond James with analyst Budd Bugatch citing the unexpected resignation of Chief Financial Officer Guy Constant. 4. Johnson Controls (JCI) downgraded to Hold from Buy at Gabelli with analyst Brian Sponheimer citing valuation. 5. Oshkosh (OSK) downgraded to Neutral from Buy at Longbow with analyst Eli Lustgarten citing valuation, increased uncertainty regarding near-term demand, and the timing of of follow-on international defense orders for FY18. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Johnson... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Nike is expected to change several elements of its new Major League Baseball uniforms by the start of the 2025 season after months of complaints from fans and players, The Athletic's Stephen J. Nesbitt and Mark Puleo report. According to a memo from the MLB Players Association to players, after weeks of conversations with the league and Nike, its official uniform supplier, the union has "receive indications" that changes will be made, including returning to the larger lettering on the jersey tops, and bringing back previous tailoring options on the pants, as well as seam stitch count and higher-quality zipper that were in place in 2023. "This has been entirely a Nike issue," the memo said. "At its core, what has happened here is that Nike was innovating something that didn't need to be innovated." Reference Link