Upgrades
- Alcoa (AA) upgraded by Goldman from Neutral to Buy
- Garmin (GRMN) upgraded by Goldman from Sell to Neutral
- Intersect ENT (XENT) upgraded by Deutsche Bank from Hold to Buy
- Universal Health (UHS) upgraded by Piper Jaffray from Neutral to Overweight
- Netflix (NFLX) upgraded by UBS from Neutral to Buy
- Crane (CR) upgraded by BofA/Merrill from Neutral to Buy
- DineEquity (DIN) upgraded by CL King from Neutral to Buy
- FedEx (FDX) upgraded by BMO Capital from Market Perform to Outperform
- Dow Chemical (DOW) upgraded by Jefferies from Hold to Buy
- DuPont (DD) upgraded by Jefferies from Hold to Buy
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Downgrades
- China Eastern Airlines (CEA) downgraded by Goldman from Buy to Neutral
- China Southern Airlines (ZNH) downgraded by Goldman from Neutral to Sell
- GoPro (GPRO) downgraded by Goldman from Neutral to Sell
- Albemarle (ALB) downgraded by Citi from Buy to Neutral
- Magellan Midstream (MMP) downgraded by Citi from Buy to Neutral
- Autohome (ATHM) downgraded by Deutsche Bank from Buy to Hold
- Akorn (AKRX) downgraded by Deutsche Bank from Buy to Hold
- MetLife (MET) downgraded by BofA/Merrill from Buy to Neutral
- CorEnergy (CORR) downgraded by Stifel from Buy to Hold
- AtriCure (ATRC) downgraded by BTIG from Buy to Neutral
- Time Warner (TWX) downgraded by UBS from Buy to Neutral
- Procter & Gamble (PG) downgraded by B. Riley from Buy to Neutral
- Southwest Gas (SWX) downgraded by BofA/Merrill from Buy to Neutral
- Insulet (PODD) downgraded by BTIG from Buy to Neutral
- Mead Johnson (MJN) downgraded by Citi from Buy to Neutral
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