Upgrades
- Alcoa (AA) upgraded by Citigroup from Neutral to Buy
- Groupon (GRPN) upgraded by BofA/Merrill from Neutral to Buy
- Navistar (NAV) upgraded by Longbow from Neutral to Buy
- Ashland (ASH) upgraded by Jefferies from Hold to Buy
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Downgrades
- InterContinental (IHG) downgraded by UBS from Neutral to Sell
- CONSOL (CNX) downgraded by Citigroup from Buy to Neutral
- Carnival (CCL) downgraded by Goldman from Buy to Neutral
- ITC Holdings (ITC) downgraded by Wunderlich from Buy to Hold
- Diamond Offshore (DO) downgraded by Guggenheim from Buy to Neutral
- Seadrill (SDRL) downgraded by Guggenheim from Buy to Neutral
- Transocean (RIG) downgraded by Guggenheim from Buy to Neutral
- Frank’s International (FI) downgraded by Guggenheim from Buy to Neutral
- Ecolab (ECL) downgraded by Jefferies from Buy to Hold
- CSX (CSX) downgraded by TD Securities from Buy to Hold
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