Aerohive Networks Inc. (NYSE: HIVE) was downgraded to Underperform from Buy and the price target was cut to $7 from $9 (versus a $6.85 close) at Bank of America Merrill Lynch.

ARM Holdings PLC (NASDAQ: ARMH) was raised to Market Perform from Underperform at Sanford Bernstein.

BHP Billiton Ltd. (NYSE: BHP) was raised to Sector Perform from Underperform at RBC Capital Market.

Children’s Place Inc. (NASDAQ: PLCE) was raised to Positive from Neutral but the price target of $69 was maintained (versus a $58.20 close) at Susquehanna.

Ciena Corp. (NASDAQ: CIEN) was raised to Outperform from Market Perform with a $27 price target (versus a $20.40 close) at Raymond James.

Cooper Companies Inc. (NYSE: COO) was raised to Overweight from Sector Weight with a price target of $200 (versus a $156.98 close) at KeyBanc Capital Markets.

ALSO READ: 6 Big Banks Now Under Book Value

DSW Inc. (NYSE: DSW) was maintained as Buy but the price target was cut to $37 from $46 (versus a $27.35 close) at Canaccord Genuity.

Fifth Third Bancorp (NASDAQ: FITB) was raised to Outperform from Market Perform with a $23 price target (versus an $18.23 close) at Sanford Bernstein.

Spectra Energy Corp. (NYSE: SE) was raised to Buy from Neutral with a $36 price target (versus $26.13 close) at UBS.

TerraForm Global Inc. (NASDAQ: GLBL) was started as Neutral with a $10.50 price objective (versus a $8.04 close) at Merrill Lynch.

Mercer International Inc. (NASDAQ: MERC) was raised to Strong Buy from Outperform, but the price target was cut to $18 from $20 (versus a $9.99 close), at Raymond James.

Nimble Storage Inc. (NYSE: NMBL) was raised to Buy from Hold with a $33 price target maintained (versus a $23.83 close) at Wunderlich.

Prosperity Bancshares Inc. (NYSE: PB) was raised to Neutral from Underperform with a $51 price target (versus a $46.92 close) at Sterne Agee.

Receptos Inc. (NASDAQ: RCPT) was downgraded to Neutral from Outperform with a price target of $232 (versus a $231.95 close) at Wedbush Securities.

ALSO READ: Jefferies Has 3 Growth Stocks to Buy After the Sell-Off

Zions Bancorp (NASDAQ: ZION) was raised to Outperform from Market Perform with a price target of $32 (versus a $26.52 close) at Sanford Bernstein. This was also just featured as one of the six big banks trading under book value.

In case you missed Tuesday’s top analyst upgrades and downgrades, they included Apple, Bank of America, Canadian Solar, Garmin, Regions Financial, Euronav and over a dozen more.