Upgrades
- Cisco (CSCO) upgraded by Deutsche Bank from Hold to Buy
- Cisco (CSCO) upgraded by Citigroup from Neutral to Buy
- DynaVox (DVOX) upgraded by Piper Jaffray from Neutral to Overweight
- Ashland (ASH) upgraded by JP Morgan from Neutral to Overweight
- Obagi Medical (OMPI) upgraded by Roth Capital from Neutral to Buy
- Bill Barrett (BBG) upgraded by Goldman from Sell to Neutral
- Chipotle Mexican Grill (CMG) upgraded by Miller Tabak from Sell to Neutral
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Downgrades
- Siemens (SI) downgraded by WestLB from Add to Neutral
- Kellogg (K) downgraded by Deutsche from Buy Bank to Hold
- Wendy’s (WEN) downgraded by Deutsche Bank from Buy to Hold
- Tesco (TESO) downgraded by FBR Capital from Outperform to Market Perform
- Maidenform (MFB) downgraded by Citigroup from Buy to Neutral
- PG&E (PCG) downgraded by Credit Suisse from Outperform to Neutral
- Lennox (LII) downgraded by SunTrust from Buy to Neutral
- Advance Auto Parts (AAP) downgraded by Credit Suisse from Outperform to Neutral
- Concho Resources (CXO) downgraded by Goldman from Buy to Neutral
- Pan American Silver (PAAS) downgraded by Canaccord from Buy to Hold
- SandRidge Energy (SD) downgraded by Goldman from Neutral to Sell
- Parkway Properties (PKY) downgraded by Stifel Nicolaus from Hold to Sell
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