Upgrades
- Packaging Corp. (PKG) upgraded by Goldman Sachs from Sell to Neutral
- International Paper (IP) upgraded by Goldman Sachs from Neutral to Buy
- Snap (SNAP) upgraded by Stifel from Hold to Buy
- Fastenal (FAST) upgraded by Raymond James from Outperform to Strong Buy
- Progressive (PGR) upgraded by Raymond James from Outperform to Strong Buy
- Camping World (CWH) upgraded by JPMorgan from Neutral to Overweight
- CNH Industrial (CNHI) upgraded by Seaport Global from Neutral to Buy
- Arconic (ARNC) upgraded by Seaport Global from Neutral to Buy
- National Grid (NGG) upgraded by HSBC from Hold to Buy
- Quanta Services (PWR) upgraded by UBS from Neutral to Buy
- SL Green Realty (SLG) upgraded by UBS from Neutral to Buy
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Downgrades
- Silgan Holdings (SLGN) downgraded by Goldman Sachs from Neutral to Sell
- AT&T (T) downgraded by BofA/Merrill from Buy to Neutral
- Monogram Residential Trust (MORE) downgraded by Janney Capital from Buy to Neutral
- Pacific Coast Oil (ROYT) downgraded by Stifel from Buy to Hold
- Wabtec (WAB) downgraded by Deutsche Bank from Buy to Hold
- Legg Mason (LM) downgraded by Citi from Buy to Neutral
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