Upgrades
- Prudential pic (PUK) upgraded by Keefe Bruyette from Market Perform to Outperform
- Concha Y Toro (VCO) upgraded by Citigroup from Neutral to Buy
- Rentokil (RTOKY) upgraded by BofA/Merrill from Neutral to Buy
- Commerzbank (CRZBD) upgraded by Morgan Stanley from Underweight to Equal Weight
- Telecom Italia (TI) upgraded by HSBC from Neutral to Overweight
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Downgrades
- Points International (PCOM) downgraded by RBC Capital to Sector Perform
- Antofagasta (ANFGY) downgraded by UBS from Buy to Neutral
- Experian (EXPGY) downgraded by Goldman from Neutral to Sell
- Remy Cointreau (REMYF) downgraded by Societe Generale from Hold to Sell
- Renren (RENN) downgraded by Jefferies from Hold to Underperform
- Volvo (VOLVY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Points International (PCOM) downgraded by RBC Capital from Outperform to Sector Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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