Upgrades
- ITV Pic (ITVPF) upgraded by Berenberg from Sell to Hold
- MTU Aero (MTUAY) upgraded by Berenberg from Hold to Buy
- FleetCor (FLT) upgraded by Evercore ISI from Hold to Buy
- Total (TOT) upgraded by Nomura from Neutral to Buy
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Downgrades
- PayPal (PYPL) downgraded by Stifel from Buy to Hold
- Cairn Energy (CRNCY) downgraded by UBS from Buy to Neutral
- Banco Santander (SAN) downgraded by Societe Generale from Hold to Sell
- Avista (AVA) downgraded by UBS from Neutral to Sell
- Sovran Self Storage (SSS) downgraded by UBS from Buy to Neutral
- Sonoco Products (SON) downgraded by Vertical Research from Buy to Hold
- Bemis (BMS) downgraded by Vertical Research from Hold to Sell
- Columbia Pipeline Group (CPGX) downgraded by Jefferies from Buy to Hold
- Penn Virginia (PVAH) downgraded by Johnson Rice from Accumulate to Hold
- Enduro Royalty (NDRO) downgraded by Stifel from Hold to Sell
- Kennametal (KMT) downgraded by Longbow from Buy to Neutral
- Green Dot (GDOT) downgraded by BTIG from Buy to Neutral
- Badger Meter (BMI) downgraded by Ladenburg from Neutral to Sell
- Micron (MU) downgraded by Susquehanna from Positive to Neutral
- iRobot (IRBT) downgraded by JPMorgan from Neutral to Underweight
- Patterson-UTI (PTEN) downgraded by Citi from Buy to Neutral
- Superior Energy (SPN) downgraded by Citi from Buy to Neutral
- Jabil Circuit (JBL) downgraded by Argus from Buy to Hold
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