- Analysts at Credit Suisse downgraded Mantech International Corp MANT from Neutral to Underperform. The price target for Mantech has been lowered from $37 to $36. Mantech shares rose 0.52 percent to close at $40.23 on Wednesday.
- Analysts at Cowen & Co. downgraded Sonus Networks, Inc. SONS from Market Perform to Underperform. Sonus Networks shares fell 8.48 percent to $7.88 in pre-market trading.
- Barrington Research downgraded Discovery Communications Inc. DISCA from Outperform to Market Perform. Discovery Communications shares fell 0.56 percent to $26.65 in pre-market trading.
- Analysts at Buckingham Research downgraded Imperva Inc IMPV from Buy to Neutral. Imperva shares rose 0.70 percent to close at $53.18 on Wednesday.
- H.C. Wainwright downgraded Galectin Therapeutics Inc GALT from Buy to Neutral. Galectin Therapeutics shares fell 43.32 percent to close at $1.40 on Wednesday.
- KeyBanc downgraded Kona Grill Inc KONA from Overweight to Sector Weight. Kona Grill shares fell 0.65 percent to close at $13.83 on Wednesday.
- Pacific Crest downgraded Fitbit Inc FIT from Sector Weight to Underweight. Fitbit shares declined 4.67 percent to $15.92 in pre-market trading.
- Analysts at SunTrust Robinson Humphrey downgraded Intra-Cellular Therapies Inc ITCI from Buy to Neutral. Intra-Cellular Therapies shares dropped 63.57 percent to $15.43 in pre-market trading.
- Stifel Nicolaus downgraded Targa Resources Corp TRGP from Buy to Hold. Targa Resources shares rose 4.90 percent to close at $49.26 on Wednesday.
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