Upgrades
- Iberdrola (IBDRY) upgraded by UBS from Neutral to Buy
- Oracle (ORCL) upgraded by Societe Generale from Hold to Buy
- LinkedIn (LNKD) upgraded by UBS from Neutral to Buy
- Evercore Partners (EVR) upgraded by UBS from Neutral to Buy
- Masco (MAS) upgraded by Goldman from Sell to Neutral
- General Dynamics (GD) upgraded by Goldman from Sell to Neutral
- OpenTable (OPEN) upgraded by BofA/Merrill from Neutral to Buy
- Beazer Homes (BZH) upgraded by Compass Point from Neutral to Buy
- Novartis (NVS) upgraded by Jefferies from Hold to Buy
- InvenSense (INVN) upgraded by Needham from Hold to Buy
- Dynegy (DYN) upgraded by ISI Group from Buy to Strong Buy
- Maxwell (MXWL) upgraded by Roth Capital from Neutral to Buy
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Downgrades
- Willis Group (WSH) downgraded by Deutsche Bank from Hold to Sell
- Avon Products (AVP) downgraded by BTIG from Buy to Neutral
- DirecTV (DTV,T) downgraded by Citigroup from Buy to Neutral
- Wisconsin Energy (WEC) downgraded by ISI Group from Buy to Neutral
- United Microelectronics (UMC) downgraded by UBS from Buy to Neutral
- Oclaro (OCLR) downgraded by B. Riley from Buy to Neutral
- Broadcom (BRCM) downgraded by Nomura from Buy to Neutral
- Kodiak Oil & Gas (KOG) downgraded by Wunderlich from Buy to Hold
- Merck KGaA (MKGAY) downgraded by UBS from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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