Upgrades
- Norsk Hydro (NHYDY) upgraded by Credit Suisse from Neutral to Outperform
- Biogen (BIIB) upgraded by Goldman Sachs from Neutral to Buy
- Sage Group (SGPYY) upgraded by Credit Suisse from Underperform to Neutral
- Chipotle (CMG) upgraded by Jefferies from Underperform to Hold
- MutualFirst Financial (MFSF) upgraded by DA Davidson from Underperform to Neutral
- Mobile TeleSystems (MBT) upgraded by JPMorgan from Neutral to Overweight
- Veon (VEON) upgraded by JPMorgan from Underweight to Neutral
- Allegheny Technologies (ATI) upgraded by JPMorgan from Underweight to Neutral
- DSW (DSW) upgraded by Wedbush from Neutral to Outperform
- Cinemark (CNK) upgraded by Wedbush from Neutral to Outperform
- Tetraphase (TTPH) upgraded by Stifel from Hold to Buy
- Electronic Arts (EA) upgraded by BofA/Merrill from Neutral to Buy
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Downgrades
- Zoetis (ZTS) downgraded by Deutsche Bank from Buy to Hold
- II-VI (IIVI) downgraded by B. Riley from Buy to Neutral
- CF Industries (CF) downgraded by Credit Suisse from Outperform to Neutral
- Itron (ITRI) downgraded by Baird from Outperform to Neutral
- Quanta Services (PWR) downgraded by Baird from Outperform to Neutral
- PulteGroup (PHM) downgraded by Susquehanna from Positive to Neutral
- Eli Lilly (LLY) downgraded by Leerink from Outperform to Market Perform
- CrossAmerica (CAPL) downgraded by BofA/Merrill from Buy to Neutral
- HCA Holdings (HCA) downgraded by BofA/Merrill from Buy to Neutral
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