NEW YORK (TheStreet) -- RATINGS CHANGES

Apple (AAPL - Get Report) was downgraded to neutral from buy by Bank of America/Merrill Lynch, which set a $130 price target, saying the stock is a long-term winner but iPhone deceleration creates headwinds.

Cerner (CERN - Get Report) was downgraded to sector perform by RBC Capital, which set a $68 price target, saying that core revenue growth continues to decelerate.

Disney (DIS - Get Report) was downgraded to hold from buy by Jefferies, which set a $112 price target, saying that Disney's cable segment is likely to see slower growth.

Disney (DIS - Get Report) was downgraded to market perform by BMO Capital, which set a $110 price target and said that estimates have also cut, given lower expected cable growth.

Hyatt (H - Get Report) was downgraded to hold from buy by Deutsche Bank, which cited valuation, based on a $62 price target.

Hershey (HSY - Get Report) was downgraded to market perform from outperform by Wells Fargo, which said that estimates have also been cut, given lower international sales.

Hubspot (HUBS - Get Report) was downgraded to neutral from overweight by JP Morgan, which set a $45 price target, citing valuation, as the stock is up 58% year to date.

Kellogg (K - Get Report) was upgraded to hold from sell by Societe Generale, which set a $69 price target, saying that the domestic cereal business is starting to recover.

Lumentum (LITE - Get Report) was started at equal weight by Barclays, which set a $23 price target. Barclays said the stock is an interesting opportunity, an investment vehicle with proven products and customers and a management team that has been handed the flexibility to focus and allocate capital as it sees fit.

MedAssets (MDAS) was downgraded to hold from buy by Topeka Capital, which set a $23 price target, saying the company will lose a deal with Tenet Healthcare (THC - Get Report).

Mallinckrodt (MNK - Get Report) was downgraded to neutral by JP Morgan, which said the company will likely experience lower near-term growth.

Royal Dutch Shell (RDS.A - Get Report) was downgraded to hold by TheStreet Ratings. You can view the full analysis from the report here: RDS.A Ratings Report.

Trimble Navigation (TRMB - Get Report) was downgraded to neutral from buy by MKM Partners, which set a $21 price target, saying the pace and timing of the company's recovery remains too exposed to worldwide cyclical risk factors.

VeriFone (PAY) was downgraded to hold by TheStreet Ratings. You can view the full analysis from the report here: PAY Ratings Report.

Vishay (VSH - Get Report) was downgraded to underperform by Bank of America/Merrill Lynch, which set an $8.50 price target, saying that the company is seeing lower end-market demand.