Upgrades
- Highwoods Properties (HIW) upgraded by Stifel from Hold to Buy
- Trinity Biotech (TRIB) upgraded by Roth Capital from Neutral to Buy
- Texas Capital (TCBI) upgraded by Deutsche Bank from Hold to Buy
- Semiconductor Manufacturing (SMI) upgraded by BofA/Merrill from Neutral to Buy
- Xylem (XYL) upgraded by Stifel from Hold to Buy
- Pioneer Energy (PES) upgraded by Wunderlich from Hold to Buy
- Beazer Homes (BZH) upgraded by Sterne Agee from Neutral to Buy
- Data Domain (DDUP) upgraded by Argus from Hold to Buy
- Cerner (CERN) upgraded by UBS from Neutral to Buy
- The Bancorp (TBBK) upgraded by Sterne Agee from Neutral to Buy
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Downgrades
- eBay (EBAY) downgraded by Atlantic Equities from Overweight to Neutral
- Coach (COH) downgraded by Citigroup from Buy to Neutral
- Orbital Sciences (ORB) downgraded by KeyBanc from Buy to Hold
- Infineon (IFNNY) downgraded by UBS from Buy to Neutral
- ABB (ABB) downgraded by BofA/Merrill from Buy to Neutral
- Nordstrom (JWN) downgraded by McAdams Wright from Buy to Hold
- Power Integrations (POWI) downgraded by Sterne Agee from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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