Upgrades
- Omnicom (OMC) upgraded by Goldman from Neutral to Buy
- CGG SA (CGG) upgraded by Goldman from Sell to Neutral
- Callaway Golf (ELY) upgraded by Raymond James from Outperform to Strong Buy
- LinnCo (LNCO) upgraded by Raymond James from Outperform to Strong Buy
- Cubic (CUB) upgraded by JPMorgan from Neutral to Overweight
- Thomson Reuters (TRI) upgraded by Credit Suisse from Neutral to Outperform
- Rocket Fuel (FUEL) upgraded by Needham from Buy to Strong Buy
- Smith & Nephew (SNN) upgraded by BofA/Merrill from Neutral to Buy
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Downgrades
- JPMorgan (JPM) downgraded by SunTrust from Buy to Neutral
- Canon (CAJ) downgraded by Citigroup from Buy to Neutral
- Puma Biotechnology (PBYI) downgraded by Stifel from Buy to Hold
- Solta Medical (SLTM) downgraded by Leerink from Outperform to Market Perform
- Semtech (SMTC) downgraded by Oppenheimer from Outperform to Perform
- AbbVie (ABBV) downgraded by Morgan Stanley from Overweight to Equal Weight
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Upgrades & Downgrades provided by Theflyonthewall.com 
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