Upgrades
- Celgene (CELG) upgraded by BTIG from Neutral to Buy
- Targa Resources (TRGP) upgraded by Stifel from Hold to Buy
- Belmond Ltd (BEL) upgraded by MKM Partners from Sell to Neutral
- Spirit Airlines (SAVE) upgraded by Raymond James from Outperform to Strong Buy
- HSBC (HSBC) upgraded by BofA/Merrill from Neutral to Buy
- Cinemark (CNK) upgraded by B. Riley from Neutral to Buy
- Texas Instruments (TXN) upgraded by Exane BNP Paribas from Underperform to Neutral
- iPass (IPAS) upgraded by Chardan from Neutral to Buy
- Copa Holdings (CPA) upgraded by Citi from Neutral to Buy
- Archer Daniels (ADM) upgraded by Argus from Hold to Buy
- Clayton Williams (CWEI) upgraded by Wunderlich from Sell to Hold
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Downgrades
- Expeditors (EXPD) downgraded by Stifel from Buy to Hold
- Douglas Emmett (DEI) downgraded by Mizuho from Buy to Neutral
- Sucampo (SCMP) downgraded by Mizuho from Buy to Neutral
- Chart Industries (GTLS) downgraded by Evercore ISI from Buy to Hold
- Garmin (GRMN) downgraded by BofA/Merrill from Buy to Underperform
- Rubicon Project (RUBI) downgraded by Citi from Buy to Neutral
- Inovalon (INOV) downgraded by Goldman from Buy to Neutral
- Pioneer Natural (PXD) downgraded by Societe Generale from Hold to Sell
- Sangamo (SGMO) downgraded by Janney Capital from Buy to Neutral
- Horizon Technology (HRZN) downgraded by Maxim from Buy to Hold
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