American Airlines Group Inc. (NASDAQ: AAL) was raised to Buy from Neutral at UBS.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) took yet another downgrade, to Underweight from Sector Weight, with a $35 price target (versus a $44.06 close) at KeyBanc Capital Markets. This is one of seven great consumer-driven players that needs to start paying a dividend immediately.
Buffalo Wild Wings Inc. (NASDAQ: BWLD) was downgraded to Neutral from Buy at BTIG.
Cerner Corp. (NASDAQ: CERN) was already rated as Outperform at RBC Capital Markets, but the firm added it to its Top Pick list.
DreamWorks Animation SKG Inc. (NASDAQ: DWA) was downgraded to Sell from Hold with a $19 price target (versus a $26.49 close) at Topeka Capital.
Hawaiian Holdings Inc. (NASDAQ: HA) was raised to Buy from Hold with a price target hike to $40 from $35 (versus a $32.35 close) at Deutsche Bank.
Methanex Corp. (NASDAQ: MEOH) was maintained as Buy but the price target was cut to $33 from $38 (versus a $25.97 close) at Jefferies.
Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) was downgraded to Hold from Buy and the price target was slashed to $525 from $700 at Canaccord Genuity.
Total System Services Inc. (NYSE: TSS) was downgraded to Equal Weight from Overweight at First Analysis.
Wisconsin Energy Group Inc. (NYSE: WEC) was downgraded to Neutral from Buy with a $56 target price (versus a $53.86 close) at Goldman Sachs.
VMware Inc. (NYSE: VMW) was reiterated as Market Perform but the price target was cut to $52 (versus a $49.28 close) at BMO Capital Markets. Jefferies kept its Buy rating and $83 price target on VMware.
If you missed Tuesday’s top analyst upgrades and downgrades, they included Encana, Fortinet, Halliburton, Red Hat, Sanmina, Stratasys, Vodafone and well over a dozen more companies.