Upgrades
- Anglo American (NGLOY) upgraded by UBS from Sell to Neutral
- Parker-Hannifin (PH) upgraded by Goldman from Sell to Neutral
- Twitter (TWTR) upgraded by Evercore ISI from Sell to Hold
- Norfolk Southern (NSC) upgraded by BofA/Merrill from Neutral to Buy
- Cummins (CMI) upgraded by Goldman from Neutral to Conviction Buy
- Caterpillar (CAT) upgraded by Goldman from Neutral to Buy
- Finisar (FNSR) upgraded by Goldman from Neutral to Buy
- Seagate (STX) upgraded by JPMorgan from Underweight to Neutral
- CBOE Holdings (CBOE) upgraded by Evercore ISI from Hold to Buy
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Downgrades
- PPG Industries (PPG) downgraded by Deutsche Bank from Buy to Hold
- Lumentum (LITE) downgraded by Goldman from Neutral to Sell
- MSCI (MSCI) downgraded by Evercore ISI from Hold to Sell
- Martin Marietta (MLM) downgraded by Goldman from Buy to Neutral
- Summit Materials (SUM) downgraded by Goldman from Buy to Neutral
- Gas Natural (EGAS) downgraded by Wunderlich from Hold to Sell
- Delek US (DK) downgraded by Credit Suisse from Outperform to Neutral
- PBF Energy (TBF) downgraded by Credit Suisse from Outperform to Neutral
- Illumina (ILMN) downgraded by Citi from Buy to Neutral
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