On a related note, analysts at Zacks Investment Research downgraded shares of Sun Hydraulics Co. from an "outperform" rating to a "neutral" rating in a research note to investors on Wednesday, August 3rd. Also, analysts at Piper Jaffray (NYSE: PJC) initiated coverage on shares of Sun Hydraulics Co. in a research note to investors on Tuesday, August 2nd. They set a "neutral" rating and a $33.00 price target on the stock.