Wall Street Analysts Weigh In with Downgrades and Upgrades
The Dow Jones Industrial Average and S&P 500 both hit all-time highs last week.
However, weak July jobs data cooled September rate hike expectations.
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In response to this economic uncertainty, several major companies saw their stock ratings changed by Wall Street analysts on Monday.
Akamai Technologies was downgraded from Buy to Hold at HSBC with a price target of $123.
Apple's rating was also cut from Hold to Underperform at Jefferies, with a new target price of $264.
Domino's Pizza saw its target lowered by Loop Capital from $522 to $353 after being downgraded from Buy to Hold.
In contrast, other companies received upgrades, including Dicks Sporting Goods, which was upgraded to Overweight at Wells Fargo with a new target price of $240.