Upgrades
- Mediaset (MDIUY) upgraded by Goldman from Neutral to Conviction Buy
- BlackBerry (BBBRY) upgraded by Deutsche Bank from Sell to Hold
- BlackBerry (BBBRY) upgraded by Societe Generale from Sell to Hold
- Safe Bulkers (SB) upgraded by Citigroup from Neutral to Buy
- GT Advanced (GTAT) upgraded by BofA/Merrill from Neutral to Buy
- Holly Energy (HEP) upgraded by Goldman from Sell to Neutral
- HSBC (HBC) upgraded by Mizuho from Neutral to Buy
- Unum Group (UNM) upgraded by Sterne Agee from Neutral to Buy
- Energen (EGN) upgraded by ISI Group from Buy to Strong Buy
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Downgrades
- Siemens (SI) downgraded to Neutral from Buy by UBS
- Pearson (PSO) downgraded to Neutral from Buy by Goldman
- Kellogg (K) downgraded to Hold from Buy by Deutsche Bank
- Nissan (NSANY) downgraded to Hold from Buy by Deutsche Bank
- LINN Energy (LINE) downgraded to Neutral from Buy by Goldman
- Rovi (ROVI) downgraded to Sell from Neutral by Goldman
- BlackBerry (BBBRY) downgraded to Underperformer from Sector Performer by CIBC
- Embraer (ERJ) downgraded to Neutral from Buy by UBS
- LeapFrog (LF) downgraded to Neutral from Buy by SunTrust
- Black Diamond (BBBRY) downgraded to Neutral from Buy by DA Davidson
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Upgrades & Downgrades provided by Theflyonthewall.com 
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