Upgrades
- Adecco (AHEXY) upgraded by UBS from Sell to Buy
- L Brands (LB) upgraded by Stifel from Hold to Buy
- Portfolio Recovery (PRAA) upgraded by Janney Capital from Neutral to Buy
- FireEye (FEYE) upgraded by Barclays from Equalweight to Overweight
- Saint Joe Co. (JOE) upgraded by Raymond James from Market Perform to Outperform
- German American Bancorp (GABC) upgraded by Keefe Bruyette from Market Perform to Outperform
- Rubicon (RBCN) upgraded by Oppenheimer from Underperform to Perform
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Downgrades
- Linde (LNEGY) downgraded by Goldman from Buy to Neutral
- Hain Celestial (HAIN) downgraded by Jefferies from Buy to Hold
- Aflac (AFL) downgraded by Barclays from Overweight to Equalweight
- Aeropostale (ARO) downgraded by RBC Capital from Outperform to Sector Perform
- RetailMeNot (SALE) downgraded by Stifel from Buy to Hold
- Covisint (COVS) downgraded by Pacific Crest from Outperform to Sector Perform
- Woodside Petroleum (WOPEY) downgraded by JPMorgan from Overweight to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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