Upgrades
- Zurich Insurance (ZURVY) upgraded by Societe Generale from Hold to Buy
- Isis Pharmaceuticals (ISIS) upgraded by Piper Jaffray from Underweight to Neutral
- UBS (UBS) upgraded by RBC Capital from Sector Perform to Outperform
- HP (HPQ) upgraded by Evercore from Underweight to Equal Weight
- LATAM Airlines (LFL) upgraded by BofA/Merrill from Underperform to Neutral
- Pzena Investment (PZN) upgraded by JPMorgan from Neutral to Overweight
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Downgrades
- Gap (GPS) downgraded by Argus from Buy to Hold
- Tilly’s (TLYS) downgraded by Goldman from Buy to Neutral
- Tilly’s (TLYS) downgraded by William Blair from Outperform to Market Perform
- Tilly’s (TLYS) downgraded by SunTrust from Buy to Neutral
- Intel (INTC) downgraded by RBC Capital from Outperform to Sector Perform
- Denny’s (DENN) downgraded by Janney Capital from Buy to Neutral
- Signature Bank (SBNY) downgraded by Sterne Agee from Buy to Neutral
- Copa Holdings (CPA) downgraded by UBS from Neutral to Sell
- Analog Devices (ADI) downgraded by Drexel Hamilton from Buy to Hold
- OGE Energy (OGE) downgraded by Jefferies from Buy to Hold
- OGE Energy (OGE) downgraded by BMO Capital from Outperform to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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