Upgrades
- Yahoo! (YHOO) upgraded by Barclays from Equal Weight to Overweight
- Cloud Peak Energy (CLD) upgraded by Goldman from Neutral to Buy
- Lexmark (LXK) upgraded by Barclays from Underweight to Equal Weight
- Merck (MRK) upgraded by BofA/Merrill from Neutral to Buy
- Dean Foods (DF) upgraded by KeyBanc from Hold to Buy
- Charles Schwab (SCHW) upgraded by Bernstein from Market Perform to Outperform
- Vornado (VNO) upgraded by ISI Group from Cautious to Neutral
- Aqua America (WTR) upgraded by HSBC from Neutral to Overweight
- DiamondRock (DRH) upgraded by RBC Capital from Underperform to Sector Perform
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Downgrades
- Aon Corp. (AON) downgraded by Goldman from Buy to Neutral
- CONSOL Energy (CNX) downgraded by Goldman from Buy to Neutral
- LaSalle Hotel (LHO) downgraded by Goldman from Neutral to Sell
- Bristol-Myers (BMY) downgraded by BofA/Merrill to Neutral
- ExlService (EXLS) downgraded by Needham from Buy to Hold
- Duke Energy (DUK) downgraded by ISI Group from Buy to Neutral
- McDermott (MDR) downgraded by KeyBanc from Buy to Hold
- Southern Company (SO) downgraded by Citigroup from Buy to Neutral
- Ares Capital (ARCC) downgraded by BofA/Merrill from Buy to Neutral
- Foster Wheeler (FWLT) downgraded by Stifel Nicolaus from Buy to Hold
- PDC Energy (PDCE) downgraded by Hilliard Lyons from Long-Term Buy to Neutral
- McDermott (MDR) downgraded by Global Hunter from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com
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