Cummins Inc. (NYSE: CMI) was raised at Jefferies from Hold to Buy with a $325 price target. The consensus target is $255.56. The final trade for Wednesday hit the tape at $261.67.

Dycom Industries Inc. (NYSE: DY) was downgraded at Wells Fargo from Overweight to Equal Weight with an $88 price target. The consensus target is $91, and the last trade on Wednesday came in at $87.15, up nearly 13% for the day. With shares trading right at a 52-week high, this looks like a straight valuation call, after the company posted blowout numbers and announced a large share buyback.

Intercontinental Hotels Group PLC (NYSE: IHG) was downgraded to Underweight from Neutral at JPMorgan. The stock has traded in a 52-week range of $25.39 to $75.20 and has a $75 consensus price target. It closed on Wednesday at $71.12 a share.

KemPharm Inc. (NASDAQ: KMPH) was downgraded to Neutral from Buy at H.C. Wainwright, which lowered the price target to $12. The consensus target is much higher at $26. The stock closed Wednesday up a stunning 43% to $13.47, after the FDA approved the firm’s NDA for treatment of ADHD.

LiveRamp Holdings Inc. (NASDAQ: RAMP) was downgraded to Market Perform from Outperform at BMO Capital Markets. The firm also lowered the price target to $65. The higher consensus target is $83.25, and Wednesday’s closing price was $59.12, which was down almost 9% on the day.

Kite Realty Group Trust (NYSE: KRG) was raised from Sector Weight to Overweight with a $22 price target at KeyBanc Capital Markets. The consensus target is $18.61, and Wednesday’s close was at $19.46.

Marathon Oil Corp. (NYSE: MRO) was downgraded to Hold from Buy with a $12 price target at Siebert Williams Shank. The consensus target is just $10.56. The shares closed Wednesday at $11.63, after gaining almost 4% for the day.

Mesa Air Group Inc. (NASDAQ: MESA) was downgraded at Deutsche Bank from Buy to Hold with a $15 price target. The consensus target for the regional airline is $10.30, and the stock closed Wednesday at $15.30, up over 8% on the day.

Nielsen Holdings PLC (NYSE: NLSN) was upgraded to Outperform from Market Perform at BMO Capital Markets, which raised the price target to $30. The consensus target is $23.62. The last trade on Wednesday was reported at $24.10, down almost 3% on the day.

Okta Inc. (NASDAQ: OKTA) was raised from Hold to Buy with a $300 price objective at Canaccord Genuity. The consensus price target is $271.56. The stock closed on Wednesday at $241.22, down nearly 7% for the day.

Passage Bio Inc. (NASDAQ: PASG) was upgraded to Buy from Neutral at Goldman Sachs, which raised the price target to $30. That compares with a consensus target of $28.50 and Wednesday’s close at $19.96. The shares were responding well (up almost 5%) in premarket trading.

Planet Fitness Inc. (NASDAQ: PLNT) was downgraded from Outperform to Market Perform with an $85 price target at Cowen. The consensus target is $84.77, and the shares ended Wednesday at $85.99.