Upgrades
- L’Oreal (LRLCY) upgraded by UBS from Neutral to Buy
- Zions Bancorp (ZION) upgraded by UBS from Sell to Neutral
- Williams Partners (WPZ) upgraded by Raymond James from Outperform to Strong Buy
- Conagra Brands (CAG) upgraded by Citi from Neutral to Buy
- Kraft Heinz (KHC) upgraded by Citi from Sell to Neutral
- Keryx (KERX) upgraded by Citi from Sell to Neutral
- Brookdale Senior Living (BKD) upgraded by Stifel from Hold to Buy
- Noble Corp. (NE) upgraded by Citi from Neutral to Buy
- Ensco (ESV) upgraded by Citi from Neutral to Buy
- Atwood Oceanics (ATW) upgraded by Citi from Sell to Neutral
- Aflac (AFL) upgraded by Evercore ISI from Sell to Hold
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Downgrades
- Juniper (JNPR) downgraded by Deutsche Bank from Hold to Sell
- Henkel (HENKY) downgraded by UBS from Neutral to Sell
- Citi (C) downgraded by UBS from Buy to Sell
- Allegiant Travel (ALGT) downgraded by Stifel from Buy to Hold
- M&T Bank (MTB) downgraded by UBS from Neutral to Sell
- Siemens (SIEGY) downgraded by Goldman from Buy to Sell
- AT&T (T) downgraded by Deutsche Bank from Buy to Hold
- Scotts Miracle-Gro (SMG) downgraded by SunTrust from Buy to Hold
- First Hawaiian (FHB) downgraded by UBS from Neutral to Sell
- Estee Lauder (EL) downgraded by UBS from Buy to Neutral
- KeyCorp (KEY) downgraded by UBS from Buy to Neutral
- Pacific Continental (PCBK) downgraded by DA Davidson from Buy to Neutral
- Surgical Care Affiliates (SCAI) downgraded by SunTrust from Buy to Hold
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