(By Balachander) A number of stocks were upgraded and downgraded by equities research analysts on Wednesday.
Best Buy Co. Inc. (NYSE: BBY): Jefferies lowered its price target (PT) on the stock to to $13 from $18, Deutsche Bank reduced its PT to to $13 from $16. UBS lowered its PT to $12.50 from $14.50. The stock shed 3.85 percent to trade at $11.50.
Eaton Vance Corp. (NYSE: EV): Citigroup downgraded its rating on the stock to "sell" from "neutral". Shares shed 0.60 percent to trade at $31.46.
HeartWare International Inc. (NASDAQ: HTWR): UBS downgraded its rating on the stock to "neutral" from "buy". The stock fell 5.38 percent to trade at $84.74.
Hewlett-Packard Co. (NYSE: HPQ): RBC Capital downgraded its rating on the stock to "sector perform" from "outperform". Citigroup lowered its price target to $10.50 from $13.50. Shares rose 2.39 percent to trade at $11.96.
Penn National Gaming Inc. (NASDAQ: PENN): Lazard Capital upgraded its rating on the stock to "buy" from "neutral". Shares gained 1.49 percent to trade at $46.90.
St. Jude Medical Inc. (NYSE: STJ): Wells Fargo downgraded its rating on the stock to "market perform" from "outperform". Shares slumped 14.34 percent to trade at $30.60.