Upgrades
- Actavis (ACT,FRX) upgraded by Goldman from Neutral to Buy
- M&T Bank (MTB) upgraded by SunTrust from Neutral to Buy
- CEMEX (CX) upgraded by Sterne Agee from Neutral to Buy
- Genpact (G) upgraded by Citigroup from Neutral to Buy
- Saia, Inc. (SAIA) upgraded by Wunderlich from Hold to Buy
- J.B. Hunt (JBHT) upgraded by Wunderlich from Hold to Buy
- Cabot Microelectronics (CCMP) upgraded by DA Davidson from Neutral to Buy
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Downgrades
- Carrefour (CRRFY) downgraded by Goldman from Neutral to Conviction Sell
- NPS Pharmaceuticals (NPSP) downgraded by Jefferies from Buy to Hold
- Forest Labs (FRX,ACT) downgraded by Mizuho from Buy to Neutral
- Forest Labs (FRX,ACT) downgraded by Goldman from Buy to Neutral
- Calpine (CPN) downgraded by UBS from Buy to Neutral
- SM Energy (SM) downgraded by KeyBanc from Buy to Hold
- Essex Property Trust (ESS) downgraded by Cantor from Buy to Hold
- Cape Bancorp (CBNJ) downgraded by Sterne Agee from Buy to Neutral
- Con-way (CNW) downgraded by Wunderlich from Buy to Hold
- Knight Transportation (KNX) downgraded by Wunderlich from Buy to Hold
- Waste Management (WM) downgraded by Wunderlich from Buy to Hold
- SilverCrest (SVLC) downgraded by Roth Capital from Buy to Neutral
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