Upgrades
- Analogic (ALOG) upgraded by Brean Capital from Hold to Buy
- AMN Healthcare (AHS) upgraded by UBS from Neutral to Buy
- Nintendo (NTDOY) upgraded by JPMorgan from Underweight to Neutral
- Kimberly-Clark (KMB,PG) upgraded by Wells Fargo from Market Perform to Outperform
- Canon (CAJ) upgraded by JPMorgan from Underweight to Overweight
- Xcel Energy (XEL) upgraded by Barclays from Equal Weight to Overweight
- Cummins (CMI) upgraded by RW Baird from Neutral to Outperform
- Estee Lauder (EL) upgraded by Wells Fargo from Market Perform to Outperform
- Yamana Gold (AUY) upgraded by TD Securities from Hold to Buy
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Downgrades
- JD Wetherspoon (JDWPY) downgraded by Jefferies from Buy to Hold
- Progressive (PGR) downgraded by Goldman from Buy to Neutral
- Global Power Equipment (GLPW) downgraded by William Blair from Outperform to Market Perform
- Century Aluminum (CENX) downgraded by Morgan Stanley from Equal Weight to Underweight
- Tim Participacoes (TCU) downgraded by HSBC from Overweight to Reduce
- NICE Systems (NICE) downgraded by JMP Securities from Outperform to Market Perform
- MEI Pharma (MEIP) downgraded by Wells Fargo from Outperform to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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