Top Analyst Upgrades and Downgrades: Akamai, Apple, Devon Energy, GrubHub, JetBlue, Kroger, Twitter, UBS, Yelp and Many More
Cummins Inc. (NYSE: CMI) was downgraded to Neutral from Outperform with a $118.00 price target (versus a $102.35 close) at R.W. Baird.
Del Taco Restaurants Inc. (NASDAQ: TACO) was started as Neutral with a $13.00 price target (versus a $12.48 close) at Piper Jaffray.
Edison International (NYSE: EIX) was downgraded to Equal Weight from Overweight at Barclays. Evercore ISI also downgraded Edison to Hold from Buy.
Hartford Financial Services Group Inc.(NYSE: HIG) was downgraded to Neutral from Overweight at Atlantic Equities.
Intrepid Potash Inc. (NYSE: IPI) was downgraded to Underperform from Buy at CLSA.
Liberty Property Trust (NYSE: LPT) was downgraded to Equal Weight from Overweight with a $35.00 price target (versus a $34.93 close) at Morgan Stanley.
Medidata Solutions Inc. (NASDAQ: MDSO) was raised to Buy from Hold with a $50.00 price target (versus a $41.24 close) at Topeka Capital Markets.
MeetMe Inc. (NASDAQ: MEET) was started with a Buy rating and $4.00 price target (versus a $2.43 close) at Roth Capital. It has a 52-week range of $1.32 to $2.52 and a market cap of only $110 million.
Portland General Electric Co. (NYSE: POR) was downgraded to Underweight from Neutral with a price target of $36.00 (versus a $38.23 close) at JPMorgan.
Star Bulk Carriers Corp. (NASDAQ: SBLK) was downgraded to Sell from Neutral at UBS.
Viad Corp. (NYSE: VVI) was started with a Buy rating and a $42.50 price target (versus a $30.52 close) at B. Riley.
In case you missed Tuesday’s top analyst upgrades and downgrades, they included BioDelivery Sciences, Merrimack Pharmaceuticals, Silver Wheaton, Valeant Pharmaceuticals, Weatherford International and over a dozen more.