Upgrades
- Smith & Nephew (SNN) upgraded by Jefferies from Hold to Buy
- Macquarie Group (MQBKY) upgraded by Deutsche Bank from Hold to Buy
- CommScope (COMM) upgraded by Goldman from Neutral to Buy
- Depomed (DEPO) upgraded by Mizuho from Neutral to Buy
- Capital One (COF) upgraded by Guggenheim from Sell to Neutral
- PACCAR (PCAR) upgraded by BofA/Merrill from Neutral to Buy
- Texas Capital (TCBI) upgraded by Raymond James from Outperform to Strong Buy
- Altria Group (MO) upgraded by Argus from Hold to Buy
- Fiserv (FISV) upgraded by Argus from Hold to Buy
- FIS (FIS) upgraded by Jefferies from Hold to Buy
- WEC Energy (WEC) upgraded by UBS from Sell to Neutral
- CenterPoint Energy (CNP) upgraded by Goldman from Sell to Neutral
- Casella Waste (CWST) upgraded by Stifel from Hold to Buy
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Downgrades
- TE Connectivity (TEL) downgraded by Goldman from Buy to Neutral
- Atwood Oceanics (ATW) downgraded by Jefferies from Buy to Hold
- L Brands (LB) downgraded by UBS from Buy to Neutral
- Workday (WDAY) downgraded by Brean Capital from Hold to Sell
- Lancaster Colony (LANC) downgraded by BB&T from Buy to Hold
- eGain (EGAN) downgraded by Ladenburg from Buy to Neutral
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