Upgrades
- Aveva (AVEVF) upgraded by Goldman Sachs from Sell to Neutral
- Pfizer (PFE) upgraded by Morgan Stanley from Equal Weight to Overweight
- Progressive (PGR) upgraded by Credit Suisse from Underperform to Neutral
- International Game (IGT) upgraded by BofA/Merrill from Neutral to Buy
- Dover (DOV) upgraded by JPMorgan from Neutral to Overweight
- Hibbett Sports (HIBB) upgraded by Susquehanna from Neutral to Positive
- Roper Technologies (ROP) upgraded by JPMorgan from Neutral to Overweight
- Shoe Carnival (SCVL) upgraded by Susquehanna from Neutral to Positive
- Southwest (LUV) upgraded by Raymond James from Market Perform to Outperform
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Downgrades
- Yahoo Japan (YAHOY) downgraded by Jefferies from Buy to Hold
- 3M (MMM) downgraded by JPMorgan from Neutral to Underweight
- United Continental (UAL) downgraded by Raymond James from Outperform to Market Perform
- Ingersoll-Rand (IR) downgraded by JPMorgan from Overweight to Neutral
- Signature Bank (SBNY) downgraded by Wedbush from Outperform to Neutral
- Norilsk Nickel (NILSY) downgraded by JPMorgan from Neutral to Underweight
- TransDigm (TDG) downgraded by Jefferies from Buy to Hold
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