Upgrades
- Michelin (MGDDY) upgraded by JP Morgan from Neutral to Overweight
- PepsiCo (PEP) upgraded by Argus from Hold to Buy
- Cheesecake Factory (CAKE) upgraded by Piper Jaffray from Neutral to Overweight
- AK Steel (AKS) upgraded by Goldman from Sell to Neutral
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Downgrades
- Peugeot (PEUGY) downgraded by Deutsche Bank from Buy to Hold
- P.F. Chang’s (PFCB) downgraded by Piper Jaffray from Neutral to Underweight
- Walgreen (WAG) downgraded by Jefferies from Buy to Hold
- US Steel (X) downgraded by Goldman from Neutral to Sell
- Hasbro (HAS) downgraded by Goldman from Buy to Neutral
- Whirlpool (WHR) downgraded by Goldman from Neutral to Sell
- IBM (IBM) downgraded by BMO Capital from Outperform to Market Perform
- El Paso Pipeline (EPB) downgraded by Morgan Keegan from Outperform to Market Perform
- Chesapeake (CHK) downgraded by JP Morgan from Overweight to Neutral
- Brigham Exploration (BEXP) downgraded by Credit Suisse from Outperform to Neutral
- Brigham Exploration (BEXP) downgraded by RBC Capital from Outperform to Sector Perform
- Brigham Exploration (BEXP) downgraded by BMO Capital from Outperform to Market Perform
- A123 Systems (AONE) downgraded by Goldman from Neutral to Sell
- El Paso (EP) downgraded by Argus from Buy to Hold
- Progressive (PGR) downgraded by Argus from Buy to Hold
- IBM (IBM) downgraded by FBN Securities from Outperform to Sector Perform
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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