Upgrades
- Air France-KLM (AFLYY) upgraded by Citigroup from Sell to Neutral
- FARO Technologies (FARO) upgraded by Gabelli from Hold to Buy
- First Industrial Realty (FR) upgraded by Stifel from Hold to Buy
- 58.com (WUBA) upgraded by Credit Suisse from Neutral to Outperform
- Bristol-Myers (BMY) upgraded by Morgan Stanley from Equal Weight to Overweight
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Downgrades
- Shake Shack (SHAK) downgraded by Stifel from Buy to Hold
- Eversource (ES) downgraded by UBS from Buy to Neutral
- Lennox (LII) downgraded by Nomura from Buy to Neutral
- Pioneer Natural (PXD) downgraded by Societe Generale from Hold to Sell
- Republic Airways (RJET) downgraded by Evercore ISI from Buy to Hold
- Constellation Brands (STZ) downgraded by SunTrust from Buy to Neutral
- Houghton Mifflin (HMHC) downgraded by Stifel from Buy to Hold
- Noble Energy (NBL) downgraded by Societe Generale from Buy to Hold
- Newfield Exploration (NFX) downgraded by Societe Generale from Buy to Hold
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