AngloGold Ashanti Ltd. (NYSE: AU) was downgraded to Hold from Buy at Deutsche Bank.
Anheuser-Busch InBev S.A./N.V. (NYSE: BUD) was downgraded to Underperform from Sector Perform at RBC Capital Markets.
Beacon Roofing Supply Inc. (NASDAQ: BECN) was started with a Hold rating and assigned a $46 price target (versus a $46.18 close) at Jefferies.
Dow Chemical Co. (NYSE: DOW) was downgraded to Underperform from Outperform at CLSA.
Fifth Third Bancorp (NASDAQ: FITB) was downgraded to Perform from Outperform at Oppenheimer.
Fortune Brands Home & Security Inc. (NYSE: FBHS) was started with a Buy rating and $67 price target (versus a $57.76 close) at Jefferies
Legacy Reserves L.P. (NASDAQ: LGCY) was raised to Market Perform from Underperform at FBR Capital Markets.
NiSource Inc. (NYSE: NI) was downgraded to Sell from Hold with a $23.75 price target (versus a $26.77 close) at Evercore ISI.
Nucor Corp. (NYSE: NUE) was raised to Buy from Hold at Deutsche Bank.
Royal Gold Inc. (NASDAQ: RGLD) was raised to Outperform from Market Perform with an $85 price target (versus a $74.80 close) at Raymond James.
Telecom Italia S.p.A. (NYSE: TI) was downgraded to Neutral from Overweight at JPMorgan.
WPX Energy Inc. (NYSE: WPX) was raised to Buy from Neutral with a $14.75 price target (versus a $9.05 close) at Goldman Sachs.
Tuesday’s top analyst upgrades and downgrades included Cerner, Energy Transfer, Hewlett Packard Enterprise, Netflix, KeyCorp, Hershey and a dozen more companies.