Upgrades
- Olin Corp. (OLN) upgraded by UBS from Sell to Neutral
- AT&T (T) upgraded by Citi from Neutral to Buy
- Civeo (CVEO) upgraded by Sterne Agee CRT from Neutral to Buy
- SAIC (SAIC) upgraded by Citi from Neutral to Buy
- Textron (TXT) upgraded by Citi from Neutral to Buy
- RBS (RBS) upgraded by Societe Generale from Sell to Hold
- AstraZeneca (AZN) upgraded by HSBC from Hold to Buy
- Wix.com (WIX) upgraded by Deutsche Bank from Hold to Buy
- Munich Re (MURGY) upgraded by Deutsche Bank from Sell to Hold
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Downgrades
- Axiall (AXLL) downgraded by UBS from Neutral to Sell
- Cameron (CAM) downgraded by Johnson Rice from Buy to Hold
- QIWI (QIQI) downgraded by UBS from Buy to Neutral
- Telefonica (TEF) downgraded by BofA/Merrill from Neutral to Underperform
- HeartWare (HTWR) downgraded by BTIG from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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