Upgrades
- Norsk Hydro (NHYDY) upgraded by Societe Generale from Sell to Hold
- Nokia (NOK) upgraded by HSBC from Underweight to Neutral
- Towers Watson (TW) upgraded by Deutsche Bank from Hold to Buy
- BlackBerry (BBRY) upgraded by Credit Suisse from Underperform to Neutral
- BlackBerry (BBRY) upgraded by RW Baird from Underperform to Neutral
- Sherwin-Williams (SHW) upgraded by Credit Suisse from Neutral to Outperform
- Gold Fields (GFI) upgraded by Citigroup from Sell to Neutral
- Maxim Integrated (MXIM) upgraded by Goldman from Neutral to Conviction Buy
- Southwest (LUV) upgraded by BofA/Merrill from Underperform to Neutral
- Open Text (OTEX) upgraded by Credit Suisse from Underperform to Neutral
- Walgreens (WAG) upgraded by Morgan Stanley from Equal Weight to Overweight
- TripAdvisor (TRIP) upgraded by Stifel from Hold to Buy
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Downgrades
- National Grid (NGG) downgraded by UBS from Buy to Neutral
- BlackBerry (BBRY) downgraded by Jefferies from Buy to Hold
- BlackBerry (BBRY) downgraded by RBC Capital from Sector Perform to Underperform
- Ulta Salon (ULTA) downgraded by Jefferies from Buy to Hold
- Michael Kors (KORS) downgraded by Jefferies from Buy to Hold
- Rockwood (ROC) downgraded by BofA/Merrill from Buy to Neutral
- Peregrine (PSMI) downgraded by Canaccord from Buy to Hold
- DreamWorks (DWA) downgraded by B. Riley from Buy to Neutral
- Oceaneering (OII) downgraded by Global Hunter from Buy to Neutral
- Technip (TKPPY) downgraded by Societe Generale from Buy to Hold
- Aaron’s (AAN) downgraded by Stifel from Buy to Hold
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