Upgrades
- Westlake Chemical (WLK) upgraded by Nomura Instinet from Neutral to Buy
- Discovery (DISCA) upgraded by UBS from Sell to Neutral
- RH (RH) upgraded by Deutsche Bank from Hold to Buy
- Boston Beer (SAM) upgraded by Credit Suisse from Underperform to Neutral
- Macerich (MAC) upgraded by JPMorgan from Neutral to Overweight
- GGP (GGP) upgraded by JPMorgan from Neutral to Overweight
- Kimco Realty (KIM) upgraded by JPMorgan from Neutral to Overweight
- L Brands (LB) upgraded by Atlantic Equities from Neutral to Overweight
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Downgrades
- Genocea (GNCA) downgraded by Stifel from Buy to Hold
- Aflac (AFL) downgraded by Citi from Neutral to Sell
- JPMorgan (JPM) downgraded by Deutsche Bank from Buy to Hold
- PNC Financial (PNC) downgraded by Deutsche Bank from Buy to Hold
- Taubman Centers (TCO) downgraded by JPMorgan from Overweight to Neutral
- Rexford Industrial (REXR) downgraded by JPMorgan from Overweight to Neutral
- Duke Realty (DRE) downgraded by JPMorgan from Overweight to Neutral
- Cheesecake Factory (CAKE) downgraded by Wedbush from Outperform to Neutral
- Shake Shack (SHAK) downgraded by Wedbush from Outperform to Neutral
- Habit Restaurants (HABT) downgraded by Wedbush from Outperform to Neutral
- Calgon Carbon (CCC) downgraded by Baird from Outperform to Neutral
- World Fuel Services (INT) downgraded by BofA/Merrill from Neutral to Underperform
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