Investment Analysts’ downgrades for Monday, August 7th:

Adidas AG (OTCMKTS:ADDYY) was downgraded by analysts at Deutsche Bank AG from a buy rating to a hold rating. They currently have $210.00 price target on the stock.

Advanced Disposal Services (NASDAQ:ADSW) was downgraded by analysts at Barclays PLC from an overweight rating to a hold rating. The firm currently has $26.00 price target on the stock.

The Andersons (NASDAQ:ANDE) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Cummins (NYSE:CMI) was downgraded by analysts at Goldman Sachs Group, Inc. (The) from a conviction-buy rating to a buy rating.

DBS Group Holdings (OTCMKTS:DBSDY) was downgraded by analysts at Jefferies Group LLC from a buy rating to a hold rating.

Echo Global Logistics (NASDAQ:ECHO) was downgraded by analysts at Morgan Stanley from an overweight rating to an equal weight rating.

Callaway Golf (NYSE:ELY) was downgraded by analysts at Compass Point from a buy rating to a neutral rating.

Eaton Corporation, PLC (NYSE:ETN) was downgraded by analysts at Evercore ISI to an outperform rating.

Intrepid Potash (NYSE:IPI) was downgraded by analysts at UBS AG from a neutral rating to a sell rating.

Illinois Tool Works (NYSE:ITW) was downgraded by analysts at Evercore ISI to an outperform rating.

Kaiser Aluminum Corporation (NASDAQ:KALU) was downgraded by analysts at Cowen and Company from an outperform rating to a market perform rating. Cowen and Company currently has $97.00 price target on the stock, up from their previous price target of $96.00. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Life Storage (NYSE:LSI) was downgraded by analysts at Evercore ISI to a sell rating. Evercore ISI currently has $71.00 target price on the stock.

Orion Engineered Carbons S.A (NYSE:OEC) was downgraded by analysts at J P Morgan Chase & Co from an overweight rating to a neutral rating.

OFS Capital Corporation (NASDAQ:OFS) was downgraded by analysts at Robert W. Baird from an outperform rating to a neutral rating. Robert W. Baird currently has $13.00 price target on the stock, down from their previous price target of $16.00.

RE/MAX Holdings (NYSE:RMAX) was downgraded by analysts at Stephens from an overweight rating to an equal weight rating.

Sabre Corporation (NASDAQ:SABR) was downgraded by analysts at Bank of America Corporation from a neutral rating to an underperform rating.

Teva Pharmaceutical Industries Limited (NYSE:TEVA) was downgraded by analysts at Morgan Stanley to a hold rating. Morgan Stanley currently has $16.00 price target on the stock.

Volkswagen AG (NASDAQ:VLKAY) was downgraded by analysts at Jefferies Group LLC from a buy rating to a hold rating.

Zions Bancorporation (NASDAQ:ZION) was downgraded by analysts at Robert W. Baird from a neutral rating to an underperform rating. They currently have $43.00 target price on the stock.

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