
Coca-Cola HBC A.G. (NYSE: CCH) was downgraded to Neutral from Buy at Goldman Sachs.
Cree Inc. (NASDAQ: CREE) was downgraded to Neutral from Positive at Susquehanna and maintained as Buy but with lowered target and estimates at Sterne Agee. Cree shares are down 15% after forecasting flat LED sales with earnings.
CST Brands Inc. (NYSE: CST) was downgraded to Underperform from Neutral at Credit Suisse.
Delta Air Lines Inc. (NYSE: DAL) was downgraded to Neutral from Overweight at J.P. Morgan.
Global Payments Inc. (NYSE: GPN) was downgraded to Neutral from Overweight at J.P. Morgan.
Millennial Media Inc. (NYSE: MM) was downgraded to Hold from Buy at Canaccord Genuity.
Parexel International Corp. (NASDAQ: PRXL) was downgraded to Underperform from Neutral at Sterne Agee.
Transocean Ltd. (NYSE: RIG) was downgraded to Neutral from Buy at ISI Group.
U.S. Airways Group Inc. (NYSE: LCC) was downgraded to Neutral from Overweight at J.P. Morgan.