Upgrades
- LVMH (LVUMY) upgraded by HSBC from Hold to Buy
- Cairn Energy (CRNCY) upgraded by Jefferies from Hold to Buy
- Zions Bancorp (ZION) upgraded by Guggenheim from Neutral to Buy
- Zions Bancorp (ZION) upgraded by Evercore ISI from Hold to Buy
- Zions Bancorp (ZION) upgraded by CLSA from Underperform to Buy
- Gold Fields (GFI) upgraded by RBC Capital from Sector Perform to Outperform
- Big Lots (BIG) upgraded by Barclays from Equal Weight to Overweight
- Sanchez Energy (SN) upgraded by KLR Group from Accumulate to Buy
- AB InBev (BUD) upgraded by Susquehanna from Neutral to Positive
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Downgrades
- Lundin Mining (LUNMF) downgraded by Goldman from Buy to Neutral
- ITC Holdings (ITC) downgraded by UBS from Buy to Neutral
- Intel (INTC) downgraded by BMO Capital from Outperform to Market Perform
- Altera (ALTR) downgraded by Raymond James from Outperform to Market Perform
- Iron Mountain (IRM) downgraded by Jefferies from Hold to Underperform
- Ctrip.com (CTRP) downgraded by Stifel from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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