Upgrades
- Urban Outfitters (URBM) upgraded by KeyBanc from Sector Weight to Overweight
- Sunrun (RUN) upgraded by UBS from Neutral to Buy
- BorgWarner (BWA) upgraded by Deutsche Bank from Hold to Buy
- Teck Resources (TECK) upgraded by Berenberg from Hold to Buy
- Freeport McMoRan (FCX) upgraded by Berenberg from Sell to Hold
- LendingClub (LC) upgraded by Wedbush from Underperform to Neutral
- Trustmark (TRMK) upgraded by Hovde Group from Market Perform to Outperform
- Banco Bilbao (BBVA) upgraded by Barclays from Equal Weight to Overweight
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Downgrades
- Frontier Communications (FTR) downgraded by Goldman from Neutral to Sell
- General Mills (GIS) downgraded by Stifel from Buy to Hold
- Kate Spade (KATE) downgraded by Citi from Buy to Neutral
- American Airlines (AAL) downgraded by Morgan Stanley from Overweight to Equal Weight
- Sirius XM (SIRI) downgraded by Barclays from Overweight to Equal Weight
- L Brands (LB) downgraded by KeyBanc from Sector Weight to Underweight
- Ascena Retail (ASNA) downgraded by KeyBanc from Overweight to Sector Weight
- Cinemark (CNK) downgraded by Wunderlich from Buy to Hold
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