Fly Intel: Top five analyst downgrades

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Synchrony (SYF) downgraded to Neutral from Overweight at JPMorgan with analyst Richard Shane believing catalysts from the release of reserves and an aggressive repurchase program are now largely reflected in the stock price. 2. Ascendis Pharma (ASND) downgraded to Neutral from Buy at BofA with analyst Tazeen Ahmad stating that after the stock's performance following the launch of Skytrofa to treat growth hormone deficiency, the upside and the company's future pipeline is baked into the valuation. 3. Western Union (WU) downgraded to Neutral from Buy at BTIG with analyst Mark Palmer's "newly cautious stance" on Western Union reflecting his view that the company's money transfer platform is likely to face increasing pressure from free alternatives, such as the new digital remittance app that Facebook (FB) yesterday announced as the subject of a pilot program in the U.S. and Guatemala. 4. Netflix (NFLX) downgraded to Hold from Buy at Deutsche Bank with analyst Bryan Kraft citing valuation for the downgrade following last night's Q3 results. 5. Willis Towers Watson (WLTW) downgraded to Peer Perform from Outperform at Wolfe Research with analyst Mike Zaremski saying consensus estimates are "still far from embedding" the company's recent divestitures, with the go forward impact equal to 8% of trailing-12-month revenues. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.