BlackRock Inc. (NYSE: BLK) was cut to Neutral from Buy at Citigroup.
Clean Energy Fuels Corp. (NASDAQ: CLNE) was cut to Underperform from Market Perform at Raymond James.
Guess? Inc. (NYSE: GES) was cut to Neutral from Outperform at Wedbush Morgan.
LivePerson Inc. (NASDAQ: LPSN) was cut to Underperform from an already cautious Neutral rating at Credit Suisse.
Rackspace Hosting Inc. (NYSE: RAX) did see one upgrade based on valuation, but after missing its earnings estimates we see the shares down big (20% or so) and several analyst downgrades. Evercore, RBC, FBN and CLSA all downgraded the Rackers. Canaccord Genuity even took its target all the way down to $40
Tesla Motors Inc. (NASDAQ: TSLA) was cut to Neutral from Buy at Goldman Sachs after a very positive pop in the stock from a consumer report. Shares are up 22% at over $68 for a record share price.
Tim Hortons Inc. (NYSE: THI) was cut to Equal Weight from Overweight at Barclays, although this was raised to Outperform at CIBC.
Transmontaigne Partners L.P. (NYSE: TLP) was cut to Neutral from Buy at Bank of America/Merrill Lynch.
Tumi Holdings Inc. (NYSE: TUMI) was cut to Neutral from Buy at Citigroup.
One standout will come from the top analyst picks for May of stocks expected to rise by 40% to 100%.
See also: Top Analyst Upgrades and Positive Calls This Thursday
Top Gaining Stocks
Top Losing Stocks