Upgrades
- Arkema (ARKAY) upgraded by Citi from Neutral to Buy
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Downgrades
- Bayer (BAYRY) downgraded by Berenberg from Buy to Hold
- AeroVironment (AVAV) downgraded by Piper Jaffray from Overweight to Neutral
- Enel Americas (ENIA) downgraded by JPMorgan from Overweight to Neutral
- Rice Energy (RICE) downgraded by Williams Capital from Buy to Hold
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