- Google (GOOG) upgraded by Morgan Stanley from Equal Weight to Overweight
- Sprint (S) upgraded by BofA/Merrill from Neutral to Buy
- ConocoPhillips (COP) upgraded by Societe Generale from Hold to Buy
- J.M. Smucker (SJM) upgraded by Goldman from Neutral to Buy
- Campbell Soup (CPB) upgraded by Goldman from Sell to Conviction Buy
- International Paper (IP) upgraded by Credit Suisse from Neutral to Outperform
- Rock-Tenn (RKT) upgraded by Credit Suisse from Neutral to Outperform
- Bed Bath & Beyond (BBBY) upgraded by Canaccord from Hold to Buy
- Tranzyme (TZYM) upgraded by Canaccord from Hold to Buy
- Stoneridge (SRI) upgraded by B. Riley from Neutral to Buy
- Packaging Corp. (PKG) upgraded by Credit Suisse from Neutral to Outperform
- Ross Stores (ROST) upgraded by Piper Jaffray from Neutral to Overweight
- Copano Energy (CPNO) upgraded by Global Hunter from Reduce to Neutral
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Downgrades
- Coca-Cola (KO) downgraded by Goldman from Conviction Buy to Neutral
- Yahoo! (YHOO) downgraded by Stifel Nicolaus from Buy to Hold
- Western Union (WU) downgraded by JPMorgan from Overweight to Neutral
- NextEra Energy (NEE) downgraded by Argus from Buy to Hold
- J.C. Penney (JCP) downgraded by Piper Jaffray from Overweight to Neutral
- Veeco (VECO) downgraded by Deutsche Bank from Buy to Hold
- Lafarge (LFRGY) downgraded by Citigroup from Buy to Neutral
- GlaxoSmithKline (GSK) downgraded by Jefferies from Buy to Hold
- Infineon (IFNNY) downgraded by Citigroup from Buy to Neutral
- Pandora (P) downgraded by Morgan Stanley from Overweight to Equal Weight
- Global Payments (GPN) downgraded by JPMorgan from Overweight to Neutral
- Cardtronics (CATM) downgraded by JPMorgan from Overweight to Neutral
- Liberty Media (LMCA) downgraded by Morgan Stanley from Overweight to Equal Weight
- Syntel (SYNT) downgraded by JPMorgan from Overweight to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com
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