Upgrades
- American Express (AXP) upgraded by Goldman from Neutral to Buy
- First Solar (FSLR) upgraded by Goldman from Sell to Neutral
- Ferrellgas Partners (FGP) upgraded by UBS from Sell to Neutral
- Willis Group (WSH) upgraded by Evercore ISI from Hold to Buy
- Manhattan Associates (MANH) upgraded by Raymond James from Outperform to Strong Buy
- Pattern Energy (PEGI) upgraded by Desjardins from Hold to Buy
- Progressive (PGR) upgraded by Janney Capital from Neutral to Buy
- Invesco (IVZ) upgraded by Sterne Agee from Neutral to Buy
- Netlist (NLST) upgraded by Needham from Hold to Buy
- Compass Minerals (CMP) upgraded by BB&T from Hold to Buy
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Downgrades
- Sanofi (SNY) downgraded by Citigroup from Neutral to Sell
- UnitedHealth (UNH,CI) downgraded by Goldman from Buy to Neutral
- Paragon Shipping (PRGN) downgraded by Canaccord from Buy to Hold
- Baltic Trading (BALT) downgraded by Canaccord from Buy to Hold
- Kennametal (KMT) downgraded by KeyBanc from Buy to Hold
- Horace Mann (HMN) downgraded by Janney Capital from Buy to Neutral
- Torchmark (TMK) downgraded by Deutsche Bank from Buy to Hold
- Air China (AIRYY) downgraded by Jefferies from Buy to Underperform
- Joy Global (JOY) downgraded by KeyBanc from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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