Upgrades
- Dell (DELL) upgraded by Morgan Stanley from Underweight to Equal Weight
- AIG (AIG) upgraded by Wells Fargo from Market Perform to Outperform
- Harley-Davidson (HOG) upgraded by Citigroup from Neutral to Buy
- Veolia Environment (VE) upgraded by Nomura from Neutral to Buy
- Akzo Nobel (AKZOY) upgraded by ING Group from Hold to Buy
- Thompson Creek (TC) upgraded by Deutsche Bank from Sell to Hold
- Calix (CALX) upgraded by Morgan Stanley from Underweight to Equal Weight
- InterOil (IOC) upgraded by Raymond James from Market Perform to Outperform
- Infinera (INFN) upgraded by Morgan Stanley from Underweight to Equal Weight
- AeroVironment (AVAV) upgraded by Lazard Capital from Neutral to Buy
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Downgrades
- Merck KGaA (MKGAY) downgraded by JPMorgan from Neutral to Underweight
- Chesapeake (CHK) downgraded by Tudor Pickering from Buy to Accumulate
- First Horizon (FHN) downgraded by FBR Capital from Market Perform to Underperform
- Halozyme (HALO) downgraded by Jefferies from Buy to Hold
- Bryn Mawr Bank (BMTC) downgraded by Guggenheim from Buy to Neutral
- Kinder Morgan (KMI) downgraded by Tudor Pickering from Accumulate to Hold
- Salix (SLXP) downgraded by Auriga from Buy to Hold
- Jacobs Engineering (JEC) downgraded by JPMorgan from Overweight to Neutral
- Amphenol (APH) downgraded by KeyBanc from Buy to Hold
- Allos Therapeutics (ALTH) downgraded by Brean Murray from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com
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