Upgrades
- Antero Resources (AR) upgraded by Deutsche Bank from Hold to Buy
- Rice Energy (RICE) upgraded by Deutsche Bank from Hold to Buy
- HCP (HCP) upgraded by Mizuho from Neutral to Buy
- KBR (KBR) upgraded by MKM Partners from Neutral to Buy
- Monolithic Power (MPWR) upgraded by Raymond James from Outperform to Strong Buy
- KBR (KBR) upgraded by MKM Partners from Neutral to Buy
- Mobile TeleSystems (MBT) upgraded by Citi from Neutral to Buy
- Westlake Chemical (WLK) upgraded by Vertical Research from Hold to Buy
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Downgrades
- American Renal Associates (ARA) downgraded by Goldman from Neutral to Sell
- Federated Investors (FII) downgraded by Jefferies from Buy to Hold
- RenaissanceRe (RNR) downgraded by Deutsche Bank from Buy to Hold
- Ventas (VTR) downgraded to Neutral from Buy by Mizuho
- Finish Line (FINL) downgraded by Susquehanna from Positive to Neutral
- Illinois Tool Works (ITW) downgraded by Goldman from Buy to Neutral
- 3M (MMM) downgraded by Goldman from Neutral to Sell
- Unit Corp. (UNT) downgraded by KLR Group from Accumulate to Hold
- U.S. Steel (X) downgraded by Rosenblatt from Buy to Neutral
- Headwaters (HW) downgraded by Canaccord from Buy to Hold
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