Upgrades
- Man Group (MNGPY) upgraded by Citi from Neutral to Buy
- AstraZeneca (AZN) upgraded by Jefferies from Hold to Buy
- AutoZone (AZO) upgraded by UBS from Neutral to Buy
- Novo Nordisk (NVO) upgraded by Deutsche Bank from Hold to Buy
- Philip Morris (PM) upgraded by Goldman from Neutral to Conviction Buy
- Sun Communities (SUI) upgraded by Citi from Neutral to Buy
- Pandora (P) upgraded by SunTrust from Neutral to Buy
- Wal-Mart (WMT) upgraded by Cowen from Market Perform to Outperform
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Downgrades
- Erste Group Bank (EBKDY) downgraded by Goldman from Conviction Buy to Neutral
- Spectra Energy (SE) downgraded by UBS from Buy to Neutral
- Finish Line (FINL) downgraded by Deutsche Bank from Buy to Hold
- Reynolds American (RAI) downgraded by Goldman from Buy to Neutral
- XL Group (XL) downgraded by Janney Capital from Buy to Neutral
- Kimberly-Clark (KMB) downgraded by Goldman from Conviction Buy to Buy
- Marathon Oil (MRO) downgraded by Credit Suisse from Outperform to Neutral
- Target (TGT) downgraded by Cowen from Outperform to Market Perform
- Renasant (RNST) downgraded by Raymond James from Strong Buy to Outperform
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