Upgrades
- National Grid (NGG) upgraded by BofA/Merrill from Neutral to Buy
- Kingfisher (KGFHY) upgraded by BofA/Merrill from Underperform to Neutral
- CEMEX (CX) upgraded by Barclays from Equal Weight to Overweight
- Tanger Factory (SKT) upgraded by Goldman from Sell to Neutral
- Ball Corp. (BLL) upgraded by RW Baird from Neutral to Outperform
- Sonic (SONC) upgraded by Morgan Stanley from Underweight to Equal Weight
- Adobe (ADBE) upgraded by BofA/Merrill from Neutral to Buy
- United Natural Foods (UNFI) upgraded by Piper Jaffray from Neutral to Overweight
- Toll Brothers (TOL) upgraded by Argus from Hold to Buy
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Downgrades
- Novo Nordisk (NVO) downgraded by Exane BNP Paribas from Neutral to Underperform
- American Eagle (AEO) downgraded by Citigroup from Buy to Neutral
- Tesaro (TSRO) downgraded by BMO Capital from Outperform to Market Perform
- Arthur J. Gallagher (AJG) downgraded by William Blair from Outperform to Market Perform
- Nexstar (NXST) downgraded by Gabelli from Buy to Hold
- Sprint (S) downgraded by Macquarie from Outperform to Neutral
- Tetra Tech (TTEK) downgraded by Brean Capital from Buy to Hold
- Cliffs Natural (CLF) downgraded by BofA/Merrill from Neutral to Underperform
- Sonoco Products (SON) downgraded by RW Baird from Outperform to Neutral
- BlackBerry (BBRY) downgraded by Bernstein from Market Perform to Underperform
- Century Aluminum (CENX) downgraded by BofA/Merrill from Neutral to Underperform
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Upgrades & Downgrades provided by Theflyonthewall.com
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