Several stocks were either upgraded or downgraded by analysts and rating agencies. Some notable upgrades and downgrades are discussed here.
Siemens AG (NYSE: SI) is upgraded to Buy from Hold by Deutsche Bank. SI gained 2.86 percent or $3.60 to $129.26.
Unilever NV (NYSE: UN) is upgraded to Buy from Hold at ING Group. UN was up 2 percent or $0.59 to $30.06 after the news.
Accenture PLC (NYSE: ACN) added 2.14 percent or $1.08 to $50.09 after being upgraded to Buy from Hold with a price target of $59 at Stifel Nicolaus.
Soleil Securities has upgraded Shoe Carnival Inc (Nasdaq: SCVL) to Buy from Hold. SCVL gained 5.96 percent or $1.54 to $27.40.
Nike Inc (NYSE: NKE) lost 9.45 percent or $8.07 to $77.34 as it is downgraded to Neutral from Buy at Goldman Sachs.
American Eagle Outfitters Inc (NYSE: AEO) is downgraded to Neutral from Positive at Susquehanna. AEO was down 1.72 percent or $0.26 to $14.88.
Macquaries downgraded CDC Software Corporation (Nasdaq: CDCS) to Neutral from Outperform. CDCS lost 3.21 percent or $0.18 to $5.42.
AutoNation Inc (NYSE: AN) fell 0.57 percent or $0.19 to $32.98 after being downgraded to Neutral from Outperform at Credit Suisse.