Upgrades
- Achillion (ACHN) upgraded by UBS from Neutral to Buy
- ImmunoGen (IMGN) upgraded by UBS from Sell to Neutral
- Halozyme (HALO) upgraded by UBS from Neutral to Buy
- HP (HPQ) upgraded by Goldman from Sell to Neutral
- Advanced Photonix (API) upgraded by B. Riley from Neutral to Buy
- Sprouts Farmers Markets (SFM) upgraded by Credit Suisse from Neutral to Outperform
- FactSet (FDS) upgraded by Raymond James from Underperform to Market Perform
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Downgrades
- Statoil (STO) downgraded by Deutsche Bank from Buy to Hold
- Lufthansa (DLAKY) downgraded by Jefferies from Buy to Hold
- BG Group (BRGYY) downgraded by Nomura from Buy to Neutral
- AXIS Capital (AXS) downgraded by Goldman from Neutral to Sell
- Springleaf (LEAF) downgraded by Sterne Agee from Buy to Neutral
- Theravance (THRX) downgraded by Stifel from Buy to Hold
- Associated Estates (AEC) downgraded by Citigroup from Neutral to Sell
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Upgrades & Downgrades provided by Theflyonthewall.com 
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