NVIDIA (NVDA) (NILE) (PFG) (TRGT) (POWL) (PRMW) Downgraded

NVIDIA (NASDAQ: NVDA), Blue Nile, Inc. (NASDAQ: NILE), Principal Financial Group, Inc. (NYSE: PFG), Targacept Inc. (NASDAQ: TRGT), Powell Industries (NASDAQ: POWL) and Primo Water Co. (NASDAQ: PRMW) were downgraded by analysts.

NVIDIA (NVDA) was downgraded by JMP Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $18.00 on the company, down from $20.00.

Blue Nile, Inc. (NILE) was downgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Sell” rating. They have a price target of $24.00 on the company.

Principal Financial Group, Inc. (PFG) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating.

Targacept Inc. (TRGT) was downgraded by Global Hunter Securities from a “Buy” rating to an “Accumulate” rating. They have a price target of $12.00 on the company.

Powell Industries (POWL) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Primo Water Co. (PRMW) was downgraded by BB&T (NYSE:BBT) from a “Buy” rating to a “Hold” rating.