Upgrades
- Vodafone (VOD) upgraded by Goldman from Neutral to Buy
- National Retail Properties (NNN) upgraded by BofA/Merrill from Neutral to Buy
- Northrop Grumman (NOC) upgraded by Goldman from Buy to Conviction Buy
- Tyson Foods (TSN) upgraded by Goldman from Buy to Conviction Buy
- Freescale (FSI) upgraded by Evercore ISI from Hold to Buy
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Downgrades
- Thor Industries (THO) downgraded by SunTrust from Buy to Neutral
- IntercontinentalExchange (ICE) downgraded by Citigroup from Buy to Neutral
- AMC Entertainment (AMC) downgraded by B. Riley from Buy to Neutral
- IHS Inc. (IHS) downgraded by Deutsche Bank from Buy to Hold
- ADP (ADP) downgraded by Stifel from Buy to Hold
- Valspar (VAL) downgraded by Goldman from Conviction Buy to Buy
- Eagle Materials (EXP) downgraded by Goldman from Conviction Buy to Buy
- Rockwell Automation (ROK) downgraded by BofA/Merrill from Buy to Neutral
- Beneficial Mutual (BNCL) downgraded by Sterne Agee from Buy to Neutral
- ABB (ABB) downgraded by Deutsche Bank from Hold to Sell
- Actuant (ATU) downgraded by KeyBanc from Buy to Hold
- Spansion (CODE) downgraded by Sterne Agee from Buy to Neutral
- Altra Holdings (AIMC) downgraded by KeyBanc from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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