Upgrades
- Vivendi (VIVHY) upgraded by Deutsche Bank from Hold to Buy
- KBR (KBR) upgraded by Deutsche Bank from Hold to Buy
- Pandora (P) upgraded by Goldman from Buy to Conviction Buy
- West Marine (WMAR) upgraded by B. Riley from Neutral to Buy
- Rosneft (RNFTF) upgraded by Deutsche Bank from Hold to Buy
- Las Vegas Sands (LVS) upgraded by BofA/Merrill from Neutral to Buy
- Avnet (AVT) upgraded by Raymond James from Market Perform to Strong Buy
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Downgrades
- Columbia Pipeline Partners (CPPL) downgraded by UBS from Buy to Neutral
- Janus Capital (JNS) downgraded by Jefferies from Buy to Hold
- Splunk (SPLK) downgraded by Guggenheim from Buy to Neutral
- GrubHub (GRUB) downgraded by Stifel from Buy to Hold
- Kinder Morgan (KMI) downgraded by Stifel from Buy to Hold
- Applied Materials (AMAT) downgraded by Goldman from Conviction Buy to Buy
- Sabre (SABR) downgraded by Goldman from Conviction Buy to Buy
- Depomed (DEPO) downgraded by Mizuho from Buy to Neutral
- Wells Fargo (WFC) downgraded by Raymond James from Market Perform to Underperform
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