Upgrades
- AXA (AXAHY) upgraded by BofA/Merrill from Neutral to Buy
- U.S. Steel (X) upgraded by Deutsche Bank from Hold to Buy
- Synergy Resources (SYRG) upgraded by Stifel from Hold to Buy
- Bally Technologies (BYI) upgraded by Goldman from Sell to Neutral
- U.S. Steel (X) upgraded by KeyBanc from Hold to Buy
- T-Mobile (TMUS) upgraded by Evercore from Equal-Weight to Overweight
- Air Lease (AL) upgraded by RBC Capital from Outperform to Top Pick
- Steel Dynamics (STLD) upgraded by KeyBanc from Hold to Buy
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Downgrades
- Transocean (RIG) downgraded by Deutsche Bank from Hold to Sell
- Noble Corp. (NE) downgraded by Deutsche from Buy Bank to Hold
- Diamond Offshore (DO) downgraded by Deutsche Bank from Hold to Sell
- Ensco (ESV) downgraded by Deutsche Bank from Hold to Sell
- Douglas Emmett (DEI) downgraded by Stifel from Hold to Sell
- Biota Pharmaceuticals (BOTA) downgraded by Guggenheim from Buy to Neutral
- Bally Technologies (BYI,SGMS) downgraded by Citigroup from Buy to Neutral
- Chevron (CVX) downgraded by Morgan Stanley from Overweight to Equal Weight
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Upgrades & Downgrades provided by Theflyonthewall.com 
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