Upgrades
- ArcelorMittal (MT) upgraded by Deutsche Bank from Hold to Buy
- AngloGold (AU) upgraded by UBS from Sell to Neutral
- Mead Johnson (MJN) upgraded by Citigroup from Neutral to Buy
- Archer Daniels (ADM) upgraded by BofA/Merrill from Underperform to Buy
- Salesforce.com (CRM) upgraded by Raymond James from Outperform to Strong Buy
- Apple (AAPL) upgraded by Societe Generale from Hold to Buy
- Bunge (BG) upgraded by BofA/Merrill from Neutral to Buy
- Delek US (DK) upgraded by Goldman from Neutral to Buy
- ProAssurance (PRA) upgraded by Janney Capital from Neutral to Buy
- Dean Foods (DF) upgraded by BMO Capital from Market Perform to Outperform
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Downgrades
- WM Morrison (MRWSY) downgraded by Deutsche Bank from Hold to Sell
- Turkcell (TKC) downgraded by UBS from Buy to Neutral
- TNT Express (TNTEY) downgraded by UBS from Buy to Neutral
- Kaiser Aluminum (KALU) downgraded by KeyBanc from Buy to Hold
- General Mills (GIS) downgraded by BofA/Merrillfrom Buy to Neutral
- Kellogg (K) downgraded by BofA/Merrill from Buy to Underperform
- Revlon (REV) downgraded by BMO Capital from Outperform to Market Perform
- Goodyear Tire (GT) downgraded by Deutsche Bank from Buy to Hold
- Luxottica (LUX) downgraded by Goldman from Neutral to Sell
- VimpelCom (VIP) downgraded by Deutsche Bank from Buy to Hold
- Senomyx (SNMX) downgraded by Roth Capital from Buy to Neutral
- Capital Bank (CBF) downgraded by Compass Point from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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