Upgrades
- Kellogg (K) upgraded by Societe Generale from Sell to Hold
- Chuy’s (CHUY) upgraded by Wunderlich from Hold to Buy
- Marriott (MAR) upgraded by Evercore ISI from Hold to Buy
- Hilton (HLT) upgraded by Evercore ISI from Hold to Buy
- Monro Muffler (MNRO) upgraded by Evercore ISI from Hold to Buy
- J.C. Penney (JCP) upgraded by Evercore ISI from Sell to Hold
- Viavi (VIAV) upgraded by B. Riley from Neutral to Buy
- ArcelorMittal (MT) upgraded by ABN Amro from Add to Buy
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Downgrades
- Hilton (HLT) downgraded by Goldman from Buy to Neutral
- Disney (DIS) downgraded by Jefferies from Buy to Hold
- Apple (AAPL) downgraded by BofA/Merrill from Buy to Neutral
- Cerner (CERN) downgraded by Stifel from Hold to Sell
- MedAssets (MDAS) downgraded by Topeka from Buy to Hold
- Evolving Systems (EVOL) downgraded by DA Davidson from Buy to Neutral
- Hyatt (H) downgraded by Deutsche Bank from Buy to Hold
- Zumiez (ZUMZ) downgraded by B. Riley from Buy to Neutral
- Trimble (TRMB) downgraded by MKM Partners from Buy to Neutral
- Brookdale Senior Living (BKD) downgraded by Stifel from Buy to Hold
- National Oilwell (NOV) downgraded by Argus from Buy to Hold
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