Upgrades
- New York Times (NYT) upgraded by Evercore from Equal Weight to Overweight
- Federated Investors (FII) upgraded by Sterne Agee from Underperform to Neutral
- BankUnited (BKU) upgraded by Morgan Stanley from Equal Weight to Overweight
- PVH Corp. (PVH) upgraded by Goldman from Buy to Conviction Buy
- Fosun (FOSUF) upgraded by Jefferies from Hold to Buy
- ANSYS (ANSS) upgraded by Wedbush from Neutral to Outperform
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Downgrades
- Deutsche Telekom (STEGY) downgraded by Exane BNP Paribas from Outperform to Neutral
- Citigroup (C) downgraded by Keefe Bruyette from Outperform to Market Perform
- Citigroup (C) downgraded by Bernstein from Outperform to Market Perform
- CECO Environmental (CECE) downgraded by FBR Capital from Outperform to Market Perform
- BlackBerry (BBRY) downgraded by Societe Generale from Hold to Sell
- Five Star (FVE) downgraded by JMP Securities from Outperform to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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