Upgrades
- Ericsson (ERIC) upgraded by Goldman from Sell to Buy
- Air France-KLM (AFLYY) upgraded by Societe Generale from Hold to Buy
- DSM (RDSMY) upgraded by JPMorgan from Underweight to Neutral
- CaixaBank (CAIXY) upgraded by UBS from Neutral to Buy
- Telefonica (TEF) upgraded by Deutsche Bank from Hold to Buy
- Amec Foster Wheeler (AMFW) upgraded by Citi from Neutral to Buy
- Callon Petroleum (CPE) upgraded by Citi from Neutral to Buy
- Extraction Oil & Gas (XOG) upgraded by Citi from Neutral to Buy
- ABM (ABM) upgraded by Baird from Neutral to Outperform
- Tech Data (TECD) upgraded by Needham from Hold to Buy
- Himax (HIMX) upgraded by Mizuho from Neutral to Buy
- First Potomac (FPO) upgraded by SunTrust from Hold to Buy
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Downgrades
- Travelport (TVPT) downgraded by UBS from Buy to Neutral
- CVR Refining (CVRR) downgraded by JPMorgan from Overweight to Neutral
- Tailored Brands (TLRD) downgraded by Mizuho from Buy to Neutral
- DSW (DSW) downgraded by Mizuho from Buy to Neutral
- Express (EXPR) downgraded by Mizuho from Buy to Neutral
- Finish Line (FINL) downgraded by Mizuho from Buy to Neutral
- Guess (GES) downgraded by Mizuho from Neutral to Underperform
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