Upgrades
- Yara International (YARIY) upgraded by Nomura from Reduce to Buy
- Adtran (ADTN) upgraded by Goldman from Sell to Neutral
- Murphy Oil (MUR) upgraded by Brean Capital from Hold to Buy
- Fortinet (FTNT) upgraded by Wunderlich from Hold to Buy
- Essex Property Trust (ESS) upgraded by Raymond James from Outperform to Strong Buy
- Mid-America Apartment (MAA) upgraded by Raymond James from Outperform to Strong Buy
- Pinnacle Financial (PNFP) upgraded by Raymond James from Market Perform to Outperform
- BancFirst (BANF) upgraded by Raymond James from Market Perform to Outperform
- Camden Property (CPT) upgraded by Stifel Nicolaus from Hold to Buy
- Citigroup (C) upgraded by CLSA from Underperform to Outperform
- C.H. Robinson (CHRW) upgraded by FBR Capital from Market Perform to Outperform
- Sprint (S) upgraded by Argus from Hold to Buy
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Downgrades
- Murphy Oil (MUR) downgraded by Barclays from Overweight to Equal Weight
- Apollo Group (APOL) downgraded by BofA/Merrill from Buy to Neutral
- IBM (IBM) downgraded by Janney Capital from Buy to Neutral
- IBM (IBM) downgraded by Societe Generale from Hold to Sell
- Cisco (CSCO) downgraded by Cantor from Buy to Hold
- IMAX (IMAX) downgraded by Susquehanna from Positive to Neutral
- Texas Instruments (TXN) downgraded by Longbow from Neutral to Underperform
- Packaging Corp. (PKG) downgraded by BMO Capital from Outperform to Market Perform
- American Tower (AMT) downgraded by Barclays from Overweight to Equal Weight
- Resources Connection (RECN) downgraded by Macquarie from Outperform to Neutral
- Toll Brothers (TOL) downgraded by Raymond James from Strong Buy to Outperform
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Upgrades & Downgrades provided by Theflyonthewall.com
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