Cerner (CERN) was downgraded to perform from outperform at Oppenheimer. Confidence is waning about potential sales and earnings upside, Oppenheimer said.
Cigna (CI) was upgraded to outperform from sector perform at RBC Capital. $172 price target. The company is still attractive on its own and has multiple positive operating levers, RBC said.
Ford (F) was upgraded to hold at Jefferies. $12 price target. Potential bad news has already been factored into the stock, Jefferies said.
Intel (INTC) was downgraded to hold from buy at Canaccord Genuity. $38 price target. The company is at a strategic crossroad and expects gross margins to decline, Canaccord said.
Rayonier (RYN) was downgraded to neutral at DA Davidson. The valuation is less attractive, based on a $30 price target.
Tesaro (TSRO) was downgraded to market perform at Leerink Partners. $186 price target. The valuation is less attractive, as the stock is up on takeover speculation, Leerink said.
Twitter (TWTR) was downgraded to sell from hold at Loop Capital. $10 price target. The company slashed its guidance, citing increased competition, Loop said.
Twitter was downgraded to hold from buy at Deutsche Bank. $22 price target. Recent checks suggest that large advertisers are moving elsewhere, Deutsche said.
Twitter was downgraded to sell from hold at Citigroup. $13 price target. The company cut guidance because of increased competition, Citi said.
Ubiquiti (UBNT) was downgraded to underperform from neutral at Credit Suisse. $44 price target. The company appears expensive, but is facing margin pressure, Credit Suisse said.
Viacom (VIAB) was downgraded to equal-weight at Barclays. $45 price target. The transition process will likely take longer than expected, Barclays said.