Annaly Capital Management Inc. (NYSE: NLY) cut to Hold at Wunderlich.
ArcelorMittal (NYSE: MT) maintained Outperform after S&P downgrade with comment “We actually believe a material overhang has been removed, which makes the equity a lot more investable…” by Credit Suisse.
Hornbeck Offshore Services Inc. (NYSE: HOS) reiterated Outperform with $46 target and noted as “Sell off overblown” at Credit Suisse.
Mercadolibre Inc. (NASDAQ: MELI) raised to Overweight at JPMorgan.
MGIC Investment Corp. (NYSE: MTG) cut to Market Perform at FBR.
Nokia Corp. (NYSE: NOK) cut to Sell from Neutral at Goldman Sachs.
Nordstrom Inc. (NYSE: JWN) cut to Neutral at Baird.
OpenTable Inc. (NASDAQ: OPEN) raised to Outperform at Oppenheimer after strong guidance (shares indicated up 10%).
Parker Hannifin Corp. (NYSE: PH) maintained Buy but cut target to $92 from $100 at Argus.
Saks Inc. (NYSE: SKS) reiterated Buy with $14 target at Argus.
Sunoco Logistics Partners L.P. (NYSE: SXL) raised to Buy at BofA/ML.
Teradata Corp. (NYSE: TDC) raised to Buy at Stern Agee.
Whole Foods Market Inc. (NASDAQ: WFM) raised to Overweight at Morgan Stanley.
World Fuel Services Corporation (NYSE: INT) cut to Underperform at BofA/ML.
Zipcar Inc. (NASDAQ: ZIP) cut to Underweight at Morgan Stanley, to Neutral at JPMorgan and to Hold at Needham (all after lower guidance; shares down almost 30%).
If you enjoyed the top analyst upgrades and downgrades, you can join our free email newsletter that includes analyst summaries each morning sent right to your inbox. We also cover top issues such as IPOs, special financial exclusives, mergers and more. Sign up in the box below.
JON C. OGG
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.