Upgrades
- JPMorgan (JPM) upgraded by Guggenheim from Neutral to Buy
- Wells Fargo (WFC) upgraded by Guggenheim from Sell to Neutral
- Crane (CR) upgraded by William Blair from Market Perform to Outperform
- Norsk Hydro (NHYDY) upgraded by Goldman Sachs from Buy to Conviction Buy
- Sunoco (SUN) upgraded by Citi from Sell to Neutral
- Terex (TEX) upgraded by JPMorgan from Neutral to Overweight
- Weir Group (WEGRY) upgraded by JPMorgan from Neutral to Overweight
- Best Buy (BBY) upgraded by BofA/Merrill from Neutral to Buy
- American Express (AXP) upgraded by Guggenheim from Neutral to Buy
- Digital Turbine (APPS) upgraded by Craig-Hallum from Hold to Buy
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Downgrades
- BHP Billiton (BHP) downgraded by Goldman Sachs from Neutral to Sell
- Anglo American (NGLOY) downgraded by Goldman Sachs from Buy to Neutral
- Vedanta (VEDL) downgraded by Goldman Sachs from Conviction Buy to Buy
- Antofagasta (ANFGY) downgraded by Goldman Sachs from Neutral to Sell
- Kennedy Wilson (KW) downgraded by Deutsche Bank from Buy to Hold
- O’Reilly Automotive (ORLY) downgraded by Deutsche Bank from Buy to Hold
- Amazon.com (AMZN) downgraded by Raymond James from Outperform to Market Perform
- Conagra Brands (CAG) downgraded by UBS from Neutral to Sell
- Cadence Design (CDNS) downgraded by DA Davidson from Buy to Neutral
- Heartland Financial (HTLF) downgraded by DA Davidson from Buy to Neutral
- China Life Insurance (LFC) downgraded by BofA/Merrill from Buy to Neutral
- General Electric (GE) downgraded by BofA/Merrill from Buy to Neutral
- Akorn (AKRX) downgraded by Jefferies from Buy to Hold
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