Advisory Board (ABCO) was downgraded to neutral from overweight at Piper Jaffray. The valuation is less attractive, based on a $42 price target.
Actuant (ATU - Get Report) was downgraded to sector perform from outperform at RBC Capital. $27 price target. The valuation is less attractive, as the company is trading at 20x expected 2018 earnings, RBC said.