Upgrades
- Family Dollar (FDO) upgraded by Jefferies from Hold to Buy
- Dollar General (DG) upgraded by Jefferies from Hold to Buy
- Capital One (COF) upgraded by Nomura from Neutral to Buy
- Arcos Dorados (ARCO) upgraded by BofA/Merrill from Underperform to Buy
- Mitsubishi UFJ (MTU) upgraded by BofA/Merrill from Neutral to Buy
- Rex Energy (REXX) upgraded by KLR Group from Hold to Accumulate
- Sempra Energy (SRE) upgraded by ISI Group from Neutral to Buy
- Arcos Dorados (ARCO) upgraded by BofA/Merrill from Underperform to Buy
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Downgrades
- Brandywine Realty (BDN) downgraded by ISI Group from Buy to Neutral
- Federal Realty (FRT) downgraded by ISI Group from Buy to Neutral
- Total (TOT) downgraded downgraded by Canaccord from Buy to Hold
- RusHydro (RSHYY) downgraded by JPMorgan from Neutral to Underweight
- TPG Specialty Lending (TSLX) downgraded by BofA/Merrill from Buy to Neutral
- Maximus (MMS) downgraded by Raymond James from Outperform to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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