Upgrades
- Cisco (CSCO) upgraded by Piper Jaffray from Neutral to Overweight
- Cisco (CSCO) upgraded by Goldman from Buy to Conviction Buy
- American Electric (AEP) upgraded by ISI Group from Hold to Buy
- KB Home (KBH) upgraded by JPMorgan from Neutral to Overweight
- Allscripts (MDRX) upgraded by JPMorgan from Neutral to Overweight
- Baker Hughes (BHI) upgraded by Societe Generale from Hold to Buy
- Warner Chilcott (WCRX) upgraded by Needham from Hold to Buy
- Salix (SLXP) upgraded by Cantor from Hold to Buy
- Beazer Homes (BZH) upgraded by JPMorgan from Underweight to Overweight
- Inter Parfums (IPAR) upgraded to Above Average from Average at Caris
- Fuel Systems (FSYS) upgraded by ThinkEquity from Hold to Buy
- Rosetta Resources (ROSE) upgraded by Miller Tabak from Sell to Neutral
- Rosetta Resources (ROSE) upgraded by Raymond James from Underperform to Market Perform
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Downgrades
- Boingo Wireless (WIFI) downgraded by Deutsche Bank from Buy to Hold
- Aflac (AFL) downgraded from Outperform to Market Perform
- Kinross Gold (KGC) downgraded by Canaccord from Buy to Hold
- Priceline.com (PCLN) downgraded by Lazard Capital from Buy to Neutral
- Liberty Media (LMCA) downgraded by Janney Capital from Buy to Neutral
- TreeHouse Foods (THS) downgraded by SunTrust from Buy to Neutral
- International Flavors (IFF) downgraded by JPMorgan from Overweight to Neutral
- Mid-Con Energy (MCEP) downgraded by RW Baird from Outperform to Neutral
- NetApp (NTAP) downgraded by Cantor from Buy to Hold
- Select Medical (SEM) downgraded by UBS from Buy to Neutral
- Select Medical (SEM) downgraded by RW Baird from Outperform to Neutral
- Select Medical (SEM) downgraded by RBC Capital from Outperform to Sector Perform
- Cbeyond (CBEY) downgraded by DA Davidson from Neutral to Underperform
- Oceaneering (OII) downgraded by Societe Generale from Buy to Hold
- Toll Brothers (TOL) downgraded by JPMorgan from Overweight to Underweight
- Fuel Systems (FSYS) downgraded by Northland from Outperform to Market Perform
- Intercontinental Hotels (IHG) downgraded by Avondale from Outperform to Market Perform
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