Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dick's Sporting (DKS) downgraded to Perform from Outperform at Oppenheimer by analyst Brian Nagel ahead of its upcoming earnings report, as he is increasingly concerned after a large number of leading sporting goods manufacturers and retailers reported results well shy of expectations, all while certain industry-wide sales trackers also hinted at top-line disruptions for the sector. 2. Mobileye (MBLY) downgraded to Neutral from Buy, as analyst Alex Veytsman said expectations are high and valuation largely reflects its strong growth profile. 3. Freeport McMoRan (FCX) downgraded to Sell from Hold at Deutsche Bank by analyst Chris Terry following news that the company failed to reach an agreement to export copper concentrate from Indonesia. The analyst now assumes that Grasberg operates on scaled-back mode, only supplying the local Gresik smelter for the remainder of 2017. He cut his price target for Freeport shares to $12.50 from $14. 4. Lumos Networks (LMOS) downgraded to Hold from Buy at Jefferies by analyst Scott Goldman citing the takeover by EQT Infrastructure, stating he does not expect any competing bids and sees "virtually no deal risk from a regulatory standpoint." 5. Depomed (DEPO) downgraded to Neutral from Buy at Mizuho. 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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