Upgrades
- ARRIS (ARRS) upgraded by Jefferies from Hold to Buy
- Empresas ICA (ICA) upgraded by Citigroup from Neutral to Buy
- Lexmark (LXK) upgraded by Barclays from Underweight to Equal Weight
- Mobile TeleSystems (MBT) upgraded by Deutsche Bank from Hold to Buy
- Red Hat (RHT) upgraded by UBS from Neutral to Buy
- Red Hat (RHT) upgraded by Raymond James from Market Perform to Outperform
- 3M Company (MMM) upgraded by JPMorgan from Underweight to Neutral
- Carnival (CCL) upgraded by Credit Suisse from Neutral to Outperform
- Zumiez (ZUMZ) upgraded by BofA/Merrill from Neutral to Buy
- Red Robin (RRGB) upgraded by Miller Tabak from Hold to Buy
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Downgrades
- BRE Properties (BRE,ESS) downgraded by Deutsche Bank from Buy to Hold
- First Niagara (FNFG) downgraded by Citigroup from Neutral to Sell
- TIBCO (TIBCO) downgraded by UBS from Buy to Neutral
- IAC (IACI) downgraded by Wells Fargo from Outperform to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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