Upgrades
- Southern Copper (SCCO) upgraded by Citigroup from Neutral to Buy
- Roadrunner (RRTS) upgraded by Stifel from Hold to Buy
- Pan American Silver (PAAS) upgraded by JPMorgan from Underweight to Neutral
- Luxottica (LUX) upgraded by HSBC from Neutral to Overweight
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Downgrades
- El Paso Electric (EE) downgraded by Jefferies from Buy to Hold
- Jabil (JBL) Circuit downgraded by Citigroup from Neutral to Sell
- LATAM Airlines (LFL) downgraded by Goldman from Neutral to Sell
- Avon Products (AVP) downgraded by BofA/Merrill from Buy to Neutral
- Nanometrics (NANO) downgraded by Stifel from Buy to Hold
- Targacept (TRGT) downgraded by MKM Partners from Buy to Neutral
- Tower Group (TWGP) downgraded by Compass Point from Buy to Neutral
- Kinross Gold (KGC) downgraded by JPMorgan from Overweight to Neutral
- Royal Bank of Scotland (RBS) downgraded by HSBC from Neutral to Underweight
- CGG SA (CGG) downgraded by Societe Generale from Buy to Hold
- CGG SA (CGG) downgraded by Raymond James from Outperform to Market Perform
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