On the upside
Deutsche Bank analyst Darren Lehrich upgraded MedCath (Nasdaq: MDTH) and lifted his price target on the company.
Sterne Agee initiated coverage of Wabash National (NYSE: WNC) with a Buy rating.
Barclays Capital analyst Brian Johnson upgraded Avis Budget Group (NYSE: CAR) and raised his price target on the car rental company saying that demand will increase.
On the downside
Argus downgraded Ariad Pharmaceuticals (Nasdaq: ARIA).
WPCS International (Nasdaq: WPCS) disappointed with lower third quarter earnings.
Ardour Capital Investments analyst Adam Krop downgarded Ascent Solar Technologies (Nasdaq: ASTI) citing significant shipment delays.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 9 to 7 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 2 points to 681.
