Nucor (NUE - Get Report) was downgraded to neutral from buy at Bank of America/Merrill Lynch. $56 price target. Earnings estimates were also cut, as margins will likely be squeezed in the second half of the year, analysts said.
Panera Bread (PNRA) was initiated with an outperform rating at RBC Capital. $250 price target. Expect earnings growth to accelerate through 2018, RBC said.