Upgrades
- Coca-Cola (KO) upgraded by Stifel from Hold to Buy
- Danone (DANOY) upgraded by Nomura from Neutral to Buy
- Newmont Mining (NEM) upgraded by Jefferies from Hold to Buy
- Apple (AAPL) upgraded to Buy from Neutral by BofA/Merrill
- Digital Realty (DLR) upgraded by Jefferies from Hold to Buy
- Intel (INTC) upgraded by Mizuho from Neutral to Buy
- Senior Housing (SNH) upgraded by Jefferies from Hold to Buy
- Total (TOT) upgraded by Jefferies from Hold to Buy
- Macerich (MAC) upgraded by BofA/Merrill from Neutral to Buy
- Stifel Financial (SF) upgraded by Goldman from Sell to Buy
- Tyco (TYC) upgraded by CLSA from Outperform to Buy
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Downgrades
- InterContinental (IHG) downgraded by Citi from Buy to Neutral
- Concho Resources (CXO) downgraded by Jefferies from Buy to Hold
- Omega Healthcare (OHI) downgraded by Jefferies from Buy to Hold
- Medical Properties Trust (MPW) downgraded by Jefferies from Buy to Hold
- Occidental Petroleum (OXY) downgraded by Jefferies from Buy to Hold
- Mead Johnson (MJN) downgraded by Nomura from Buy to Neutral
- KNOT Offshore Partners (KNOP) downgraded by Citi from Buy to Neutral
- F5 Networks (FFIV) downgraded by Deutsche Bank from Buy to Hold
- Interactive Brokers (IBKR) downgraded by Goldman from Neutral to Sell
- Diageo (DEO) downgraded by Stifel from Buy to Hold
- SABMiller (SBMRY) downgraded by Stifel from Buy to Hold
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