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Equities Research Analysts’ downgrades for Monday, August 18th:

Ares Commercial Real Estate Corp (NASDAQ:ACRE) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $11.70 price target on the stock.

Embotelladora Andina SA (NYSE:AKO) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. The firm currently has $19.70 target price on the stock.

Apollo Residential Mortgage (NASDAQ:AMTG) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $19.00 target price on the stock.

BreitBurn Energy Partners L.P. (NASDAQ:BBEP) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $24.40 price target on the stock.

Black Diamond (NYSE:BDE) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. The firm currently has $7.50 target price on the stock.

BBVA Banco Frances (NYSE:BFR) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $13.40 target price on the stock.

Banco Macro SA (NYSE:BMA) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $43.50 price target on the stock.

Cubist Pharmaceuticals (NASDAQ:CBST) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $58.00 target price on the stock. Zacks’ analyst wrote, “Cubist performed disappointingly in the second quarter of 2014 with both revenues and earnings coming in below expectations. Soft sales of Cubicin hurt results during the quarter. Dificid sales were also modest in the quarter. The company’s earnings of $0.23 per share missed the Zacks Consensus Estimate by $0.14 per share. Quarterly revenues of $294.4 million also fell well short of the Zacks Consensus Estimate of $299 million. The voluntary recall of Cubicin in Aug 2014 due to safety concerns is concerning as Cubicin is the company’s key growth engine. In view of the challenges confronting the stock, we are downgrading it to Underperform. Our target price is $58.00 per share.”

Ciena (NASDAQ:CIEN) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. The firm currently has $20.00 price target on the stock.

Constellium NV (NASDAQ:CSTM) was downgraded by analysts at Credit Agricole from an outperform rating to a neutral rating.

Callaway Golf (NYSE:ELY) was downgraded by analysts at DA Davidson from a buy rating to a neutral rating. The firm currently has $8.00 price target on the stock, down from their previous price target of $10.00.

StealthGas (NASDAQ:GASS) was downgraded by analysts at Evercore Partners from an overweight rating to an equal weight rating.

Grupo Financiero Galicia (NASDAQ:GGAL) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $16.70 target price on the stock.

Greenlight Capital Re (NASDAQ:GLRE) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. They currently have $37.00 price target on the stock.

Key Energy Services (NYSE:KEG) was downgraded by analysts at TheStreet to a sell rating.

The Coca-Cola Company (NYSE:KO) was downgraded by analysts at Jefferies Group from a buy rating to a hold rating.

Liberty Property Trust (NYSE:LPT) was downgraded by analysts at TheStreet to a hold rating.

Monster Beverage Corp (NASDAQ:MNST) was downgraded by analysts at Credit Suisse from a buy rating to a hold rating. Credit Suisse currently has $98.00 price target on the stock, up from their previous price target of $82.00.

Maxim Integrated Products (NASDAQ:MXIM) was downgraded by analysts at Goldman Sachs from a conviction-buy rating to a buy rating.

National Australia Bank (NASDAQ:NABZY) was downgraded by analysts at Goldman Sachs from a buy rating to a neutral rating.

Nationstar Mortgage Holdings (NYSE:NSM) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $31.00 price target on the stock.

Pep Boys-Manny Moe & Jack (NYSE:PBY) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. They currently have $12.30 target price on the stock.

Realogy Holdings Corp (NYSE:RLGY) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $38.20 target price on the stock.

Sibanye Gold (NASDAQ:SBGL) was downgraded by analysts at Zacks from an outperform rating to a neutral rating. Zacks currently has $11.90 target price on the stock.

Semiconductor HOLDRs (NYSE:SMH) was downgraded by analysts at Goldman Sachs to a neutral rating.

Teekay Offshore Partners L.P. (NYSE:TOO) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $33.50 price target on the stock.

Trevali Mining Corp (TSE:TV) was downgraded by analysts at Haywood Securities from a buy rating to a hold rating. Haywood Securities currently has C$1.35 target price on the stock, up from their previous target price of C$1.15.

Walter Investment Management Corp (NYSE:WAC) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $24.20 target price on the stock.

WellCare Health Plans (NYSE:WCG) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. Zacks currently has $60.20 price target on the stock.

Werner Enterprises (NASDAQ:WERN) was downgraded by analysts at Bank of America from a neutral rating to an underperform rating.

Wausau Paper Corp. (NYSE:WPP) was downgraded by analysts at Zacks from a neutral rating to an underperform rating. They currently have $8.30 target price on the stock.

Youku Tudou Inc (NASDAQ:YOKU) was downgraded by analysts at TH Capital from a buy rating to a hold rating.

Zix Corp. (NASDAQ:ZIXI) was downgraded by analysts at Zacks to a neutral rating. They currently have $4.00 price target on the stock.

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