Upgrades
- Zayo Group (ZAYO) upgraded by Goldman from Neutral to Buy
- Emerge Energy (EMES) upgraded by Goldman from Neutral to Buy
- Seventy Seven Energy (SSE) upgraded by Jefferies from Hold to Buy
- Continental Resources (CLR) upgraded by Goldman from Neutral to Buy
- Laredo Petroleum (LPI) upgraded by Goldman from Sell to Neutral
- Cheniere Energy Partners LP (CQP) upgraded by Goldman from Neutral to Buy
- Holly Energy (HEP) upgraded by Goldman from Neutral to Buy
- Chicago Bridge & Iron (CBI) upgraded by Goldman from Sell to Neutral
- Volvo (VOLVY) upgraded by JPMorgan from Underweight to Neutral
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Downgrades
- Coca-Cola HBC (CCHGY) downgraded by Deutsche Bank from Buy to Hold
- Citrix (CTXS) downgraded by Goldman from Buy to Neutral
- Atwood Oceanics (ATW) downgraded by Goldman from Buy to Neutral
- hhgregg (HGG) downgraded by UBS from Neutral to Sell
- Chesapeake (CHK) downgraded by Goldman from Buy to Neutral
- Hess Corp. (HES) downgraded by Goldman from Buy to Neutral
- Kansas City Southern (KSU) downgraded by BofA/Merrill from Buy to Neutral
- DeVry (DV) downgraded by Deutsche Bank from Buy to Hold
- Chevron (CVX) downgraded by Goldman from Neutral to Sell
- Range Resources (RRC) downgraded by Goldman from Conviction Buy to Neutral
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