Upgrades
- Columbia Banking (COLB) upgraded by Sterne Agee from Neutral to Buy
- Wolseley (WOSYY) upgraded by UBS from Neutral to Buy
- Primerica (PRI) upgraded by SunTrust from Neutral to Buy
- Yum! Brands (YUM) upgraded by Janney Capital from Neutral to Buy
- Rayonier (RYN) upgraded by DA Davidson from Neutral to Buy
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Downgrades
- First Interstate (FIBK) downgraded by Sterne Agee from Buy to Neutral
- Constellium (CYSTM) downgraded by Citigroup from Buy to Neutral
- Cliffs Natural (CLF) downgraded by Deutsche Bank from Buy to Hold
- Oplink Communications (OPLK) downgraded by B. Riley from Buy to Neutral
- Sapient (SAPE) downgraded by Stifel from Buy to Hold
- Target (TGT) downgraded by Evercore ISI from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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