Upgrades
- Panera Bread (PNRA) upgraded by Jefferies from Hold to Buy
- Murphy Oil (MUR) upgraded by Deutsche Bank from Hold to Buy
- Hess Corp. (HES) upgraded by Deutsche Bank from Hold to Buy
- Marathon Oil (MRO) upgraded by Deutsche Bank from Hold to Buy
- Rubicon Technology (RBCN) upgraded by Ticonderoga from Sell to Neutral
- Clearwire (CLWR) upgraded by BofA/Merrill from No Rating to Buy
- Intrepid Potash (IPI) upgraded by Goldman from Sell to Neutral
- Cypress Semi (CY) upgraded by Capstone from Hold to Buy
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Downgrades
- Toll Brothers (TOL) downgraded by Citigroup from Buy to Neutral
- Legg Mason (LM) downgraded by Citigroup from Buy to Neutral
- Southern Copper (SCCO) downgraded by Barclays from Equal Weight to Underweight
- Norfolk Southern (NSC) downgraded by RBC Capital from Outperform to Sector Perform
- Canadian National (CNI) downgraded by RBC Capital from Outperformto Sector Perform
- Scotts Miracle-Gro (SMG) downgraded by BofA/Merrill from Neutral to Underperform
- USG (USG) downgraded by Goldman from Neutral to Sell
- St. Jude Medical (STG) downgraded by Jefferies from Buy to Hold
- Cogent Communications (CCOI) downgraded by Citigroup from Buy to Neutral
- Southern Company (SO) downgraded by Argus from Buy to Hold
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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