Upgrades
- Nokia (NOK) upgraded by BofA/Merrill from Neutral to Buy
- Xcel XEL) Energy upgraded by Jefferies from Hold to Buy
- Melco Crown (MPEL) upgraded by Deutsche Bank from Hold to Buy
- Covidien (COV) upgraded by Goldman from Neutral to Buy
- ConAgra (CAG) upgraded by Goldman from Neutral to Buy
- Morgan Stanley (MS) upgraded by UBS from Neutral to Buy
- Marriott (MAR) upgraded by UBS from Neutral to Buy
- Snap-On (SNA) upgraded by Janney Capital from Neutral to Buy
- Skyworks (SWKS) upgraded by Raymond James from Outperform to Strong Buy
- RF Micro Devices (RFMD) upgraded by Raymond James from Market Perform to Strong Buy
- Kennametal (KMT) upgraded by Global Hunter from Neutral to Buy
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Downgrades
- Consolidated Edison (ED) downgraded by Jefferies from Buy to Hold
- HSBC (HBC) downgraded by JPMorgan from Overweight to Neutral
- Apple (AAPL) downgraded by BofA/Merrill from Buy to Neutral
- Apple (AAPL) downgraded by UBS from Buy to Neutral
- Apache (APA) downgraded by UBS from Buy to Neutral
- BlackRock (BLK) downgraded by UBS from Buy to Neutral
- Procter & Gamble (PG) downgraded by SunTrust from Buy to Neutral
- British Sky Broadcasting (BSBY) downgraded by JPMorgan from Overweight to Neutral
- Westlake Chemical (WLK) downgraded by JPMorgan from Overweight to Neutral
- Hologic (HOLX) downgraded by Raymond James from Outperform to Market Perform
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