Upgrades
- NIC Inc. (EGOV) upgraded by Raymond James from Outperform to Strong Buy
- Apple (AAPL) upgraded by Barclays from Equal Weight to Overweight
- WhiteHorse Finance (WHF) upgraded by Wunderlich from Hold to Buy
- Signature Bank (SBNY) upgraded by Sterne Agee from Neutral to Buy
- Alcentra Capital (ABDC) upgraded by Raymond James from Outperform to Strong Buy
- Colfax (CFX) upgraded by Argus from Hold to Buy
- OGE Energy (OGE) upgraded by Argus from Hold to Buy
- TRI Pointe Homes (TPH) upgraded by Buckingham from Neutral to Buy
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Downgrades
- Dana Holding (DAN) downgraded by Goldman from Buy to Neutral
- Pacific Rubiales (PEGFF) downgraded by Goldman from Buy to Neutral
- FMC Corporation (FMC) downgraded by Jefferies from Buy to Hold
- TripAdvisor (TRIP) downgraded by Nomura from Buy to Neutral
- DreamWorks Animation (DWA) downgraded by B. Riley from Buy to Neutral
- E2open (EOPN) downgraded by BofA/Merrill from Buy to Neutral
- Lindsay Corp. (LNN) downgraded by Monness Crespi from Buy to Neutral
- eBay (EBAY) downgraded by Pacific Crest from Outperform to Sector Perform
- Dynegy (DYN) downgraded by ISI Group from Strong Buy to Neutral
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