Upgrades
- Grifols (GRFS) upgraded by UBS from Sell to Buy
- Michelin (MGDDY) upgraded by JPMorgan from Underweight to Neutral
- Universal Display (OLED) upgraded by Goldman from Neutral to Buy
- Callaway Golf (ELY) upgraded by Wunderlich from Hold to Buy
- Pandora (P) upgraded by B. Riley from Neutral to Buy
- Alcoa (AA) upgraded by BofA/Merrill from Neutral to Buy
- Staples (SPLS) upgraded by BofA/Merrill from Neutral to Buy
- Allegheny Technologies (ATI) upgraded by BofA/Merrill from Underperform to Buy
- Square (SQ) upgraded by CLSA from Outperform to Buy
- K2M Group (KTWO) upgraded by Needham from Buy to Strong Buy
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Downgrades
- Sports Direct (SDIPF) downgraded by Goldman from Buy to Neutral
- Big Lots (BIG) downgraded by Deutsche Bank from Buy to Hold
- Boston Scientific (BSX) downgraded by BTIG from Buy to Neutral
- Prologis (PLD) downgraded by Evercore ISI from Buy to Hold
- DCT Industrial (DCT) downgraded by Evercore ISI from Buy to Hold
- ViaSat (VSAT) downgraded by Drexel Hamilton from Hold to Sell
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