Upgrades
- Societe Generale (SCGLY) upgraded by Goldman from Neutral to Buy
- Home Properties (HME) upgraded by UBS from Sell to Neutral
- Kadant (KAI) upgraded by Barrington from Market Perform to Outperform
- Walter Investment (WAC) upgraded by Wells Fargo from Market Perform to Outperform
- CME Group (CME) upgraded by Wells Fargo from Market Perform to Outperform
- Gannett (GCI) upgraded by Argus from Hold to Buy
- Progressive Waste (BIN) upgraded by BB&T from Hold to Buy
- Altera (ALTR) upgraded by Argus from Hold to Buy
- eBay (EBAY) upgraded by Compass Point from Neutral to Buy
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Downgrades
- Ahold (AHONY) downgraded by JPMorgan from Overweight to Neutral
- China Southern Airlines (ZNHY) downgraded by Jefferies from Buy to Hold
- Air China (ARYY) downgraded by Jefferies from Hold to Underperform
- Ulta Salon (ULTA) downgraded by Goldman from Buy to Neutral
- Canadian Pacific (CP) downgraded by RBC Capital from Sector Perform to Underperform
- Colonial Properties (CLP) downgraded by UBS from Buy to Neutral
- Rigel Pharmaceuticals (RIGL,AZN) downgraded by Piper Jaffray from Overweight to Neutral
- Marten Transport (MRTN) downgraded by Stifel from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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