Upgrades
- Southwest (LUV) upgraded by Imperial Capital from In-Line to Outperform
- Sally Beauty (SBH) upgraded by Sterne Agee from Neutral to Buy
- Texas Capital (TCBI) upgraded by SunTrust from Neutral to Buy
- CorEnergy (CORR) upgraded by BofA/Merrill from Neutral to Buy
- Sanmina (SANM) upgraded by Needham from Hold to Buy
- Martin Marietta (MLM) upgraded by Stifel from Hold to Buy
- Vulcan Materials (VMC) upgraded by Stifel from Hold to Buy
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Downgrades
- Apple (AAPL) downgraded by Raymond James from Strong Buy to Outperform
- Chef’s Warehouse (CHEF) downgraded by BB&T from Buy to Hold
- Penn National (PENN) downgraded by BofA/Merrill from Buy to Underperform
- Baker Hughes (BHI) downgraded by Guggenheim from Neutral to Sell
- C&J Energy (CJES) downgraded by Guggenheim from Neutral to Sell
- Patterson-UTI Energy (PTEN) downgraded by Guggenheim from Neutral to Sell
- Western Refining (WNR) downgraded by Credit Suisse from Outperform to Neutral
- BioCryst (BCRX) downgraded by BofA/Merrill from Neutral to Underperform
- Tile Shop (TTS) downgraded by RW Baird from Outperform to Neutral
- Penn National (PENN) downgraded by BofA/Merrill from Buy to Underperform
- Phillips 66 (PSX) downgraded by Credit Suisse from Outperform to Neutral
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