(By Balachander) A number of stocks were upgraded, downgraded and price target changed by equities research analysts on Wednesday.
Apollo Group Inc. (NASDAQ: APOL): Morgan Stanley downgraded rating on the stock to "equal weight" from "overweight". Shares tumbled 8.69 percent to trade at $19.12.
Bank of America Corp. (NYSE: BAC): Credit Suisse downgraded rating on the stock to "neutral" from "outperform". Shares retreated 3.34 percent to trade at $11.58.
J.C. Penney Company Inc. (NYSE: JCP): Macquarie downgraded rating on the stock to "neutral" from "outperform". Shares dropped 3.48 percent to trade at $18.33.
McDonald's Corp. (NYSE: MCD): Raymond James downgraded rating on the stock to "market perform" from "outperform". Shares traded 0.13 percent lower at $90.82.
Monsanto Co. (NYSE: MON): Miller Tabak downgraded rating on the stock to "hold" from "buy". Morgan Stanley raised price target to $115 from $100. Shares gained 0.99 percent to trade at $99.48.
Visa Inc. (NYSE: V): Goldman Sachs upgraded rating on the stock to "conviction buy" from "buy". Shares inched up 0.70 percent to trade at $160.49.