(By Balachander) A number of stocks were upgraded, downgraded and price targets changed by equities research analysts on Wednesday.
Cisco Systems Inc. (NASDAQ: CSCO): Pacific Crest upgraded its rating on the stock to "outperform" from "sector perform". Deutsche Bank raised its price target to $22 from $21. Piper Jaffray reduced its price target to $21 from $22. Shares jumped 6.05 percent to trade at $17.87.
Edwards Lifesciences Corp. (NYSE: EW): UBS downgraded its rating on the stock to "sell" from "neutral". The stock traded 2.48 percent lower at $85.57.
Home Depot Inc. (NYSE: HD): Raymond James downgraded its rating on the stock to "market perform" from "outperform". Gabelli downgraded its rating on the stock to "hold" from "buy". Stifel Nicolaus raised its price target to $69 from $59. Shares fell 1.50 percent to trade at $62.41.
J.C. Penney Company Inc. (NYSE: JCP): JPMorgan downgraded its rating on the stock to "neutral" from "overweight". Shares added 0.34 percent to trade at $17.46.
Mosaic Co. (NYSE: MOS): Canaccord Genuity downgraded its rating on the stock to "hold" from "buy". Shares retreated 3.61 percent to trade at $48.89.
Zynga Inc. (NASDAQ: ZNGA): Piper Jaffray reduced its price target on the stock to $2.50 from $3. The stock traded 2.37 percent higher at $2.16.