(By Balachander) A number of stocks were upgraded, downgraded and price targets changed by equities research analysts on Monday.
Air Products & Chemicals Inc. (NYSE: APD): BofA/Merrill downgraded the stock to "Neutral" from "Buy". Shares retreated 2.75 percent to trade at $77.79.
Cablevision Systems Corp. (NYSE: CVC): Canaccord upgraded the stock to "Buy" from "Hold" and raised price target to $23 from $18. BofA/Merrill upgraded the stock to "Buy" from "Hold". The stock shed 0.27 percent to trade at $18.34.
Cliffs Natural Resources Inc. (NYSE: CLF): The stock added 0.16 percent to trade at $44.52. Deutsche Bank downgraded the stock to "Hold" from "Buy".
Edwards Lifesciences Corp. (NYSE: EW): Citigroup downgraded the stock to "Neutral" from "Buy". Credit Suisse reduced price target to $96 from $110. Shares traded 42 cents lower at $85.72.
McDonald's Corp. (NYSE: MCD): Jefferies reduced price target on the stock to $83 from $88. Shares inched 0.14 percent higher to trade at $88.85.
Owens & Minor Inc. (NYSE: OMI): UBS downgraded the stock to "Sell" from "Neutral" and reduced price target to $27 from $30. Shares fell 0.70 percent to trade at $28.40.