Upgrades
- Apple (AAPL) upgraded by UBS from Neutral to Buy
- Credit Agricole (CRARY) upgraded by Nomura from Neutral to Buy
- Statoil (STO) upgraded by Bernstein from Market Perform to Outperform
- Oceaneering (OII) upgraded by Societe Generale from Hold to Buy
- Forest Labs (FRX) upgraded by SunTrust from Neutral to Buy
- AK Steel (AKS) upgraded by BofA/Merrill from Underperform to Neutral
- Fortinet (FTN) upgraded by BofA/Merrill from Neutral to Buy
- AbbVie (ABBV) upgraded by Goldman from Buy to Conviction Buy
- HollyFrontier (HFC) upgraded by BofA/Merrill from Neutral to Buy
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Downgrades
- Xcel Energy (XEL) downgraded by Goldman from Buy to Neutral
- Continental AG (CTTAY) downgraded by JPMorgan from Overweight to Neutral
- RusHydro (RSHYY) downgraded by Goldman from Neutral to Sell
- HSBC (HBC) downgraded by Nomura from Buy to Neutral
- BNP Paribas (BNPQY) downgraded by Nomura from Buy to Neutral
- IMAX (IMAX) downgraded by Goldman from Buy to Neutral
- CubeSmart (CUBE) downgraded by SunTrust from Buy to Neutral
- Pfizer (PFE) downgraded by Goldman from Conviction Buy to Buy
- AMRI (AMRI) downgraded by Sterne Agee from Buy to Neutral
- Disney (DIS) downgraded by B. Riley from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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