Upgrades
- Peugeot (PUGOY) upgraded by Deutsche Bank from Hold to Buy
- Norwegian Cruise Line (NCLH) upgraded by UBS from Neutral to Buy
- DSW (DSW) upgraded by Sterne Agee from Neutral to Buy
- Coach (COH) upgraded by Oppenheimer from Perform to Outperform
- Chegg (CHGG) upgraded by BMO Capital from Market Perform to Outperform
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Downgrades
- HSBC (HSBC) downgraded by UBS from Buy to Neutral
- Salix (SLXP,VRX) downgraded by UBS from Buy to Neutral
- Salix (SLXP) downgraded by Cantor from Buy to Hold
- Rosetta Resources (ROSE) downgraded by BofA/Merrill from Buy to Neutral
- American Airlines (AAL) downgraded by Cowen from Outperform to Market Perform
- Basic Energy (BAS) downgraded by Raymond James from Strong Buy to Outperform
- Armstrong World (AWI) downgraded by KeyBanc from Buy to Hold
- CSC (CSC) downgraded by Stifel from Buy to Hold
- Kayne Anderson (KED) downgraded by Stifel from Buy to Hold
- Williams (WMB) downgraded by Citigroup from Buy to Neutral
- Williams Partners (WMB, WPZ) downgraded by Citigroup from Buy to Neutral
- Sprint (S) downgraded by BTIG from Neutral to Sell
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Upgrades & Downgrades provided by Theflyonthewall.com 
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