Upgrades
- Pinnacle West (PNW) upgraded by Goldman from Sell to Neutral
- FirstEnergy (FE) upgraded by Goldman from Sell to Neutral
- Yum China (YUMC) upgraded by Goldman from Neutral to Buy
- Pan American Silver (PAAS) upgraded by TD Securities from Hold to Buy
- Parkway (PKY) upgraded by Stifel from Sell to Hold
- Netflix (NFLX) upgraded by Mizuho from Neutral to Buy
- RPC, Inc. (RES) upgraded by Nomura from Neutral to Buy
- Lamar Advertising (LAMR) upgraded by Goldman from Neutral to Buy
- Newfield Exploration (NFX) upgraded by Jefferies from Hold to Buy
- Disney (DIS) upgraded by Goldman from Neutral to Buy
- Continental Resources (CLR) upgraded by Jefferies from Underperform to Buy
- Fabrinet (FN) upgraded by Needham from Buy to Strong Buy
- Jones Energy (JONE) upgraded by SunTrust from Hold to Buy
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Downgrades
- PPL Corp. (PPL) downgraded by Goldman from Neutral to Sell
- Nordstrom (JWN) downgraded by Stifel from Buy to Hold
- Chipotle (CMG) downgraded by JPMorgan from Overweight to Neutral
- OUTFRONT Media (OUT) downgraded by Goldman from Buy to Neutral
- Devon Energy (DVN) downgraded by Jefferies from Buy to Hold
- Scorpio Tankers (STNG) downgraded by BofA/Merrill from Buy to Underperform
- Twitter (TWTR) downgraded by UBS from Buy to Neutral
- Cimarex Energy (XEC) downgraded by SunTrust from Buy to Hold
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