Upgrades
- Air Liquide (AIQUY) upgraded by Goldman Sachs from Neutral to Buy
- Phillips 66 (PSX) upgraded by Goldman Sachs from Neutral to Buy
- Camtek (CAMT) upgraded by Needham from Hold to Buy
- Acuity Brands (AYI) upgraded by JMP Securities from Underperform to Market Perform
- Manhattan Associates (MANH) upgraded by SunTrust from Hold to Buy
- General Motors (GM) upgraded by BofA/Merrill from Neutral to Buy
- Endocyte (ECYT) upgraded by Wedbush from Neutral to Outperform
- LogMeln (LOGM) upgraded by Baird from Neutral to Outperform
- Astec (ASTE) upgraded by Baird from Neutral to Outperform
- Booz Allen (BAH) upgraded by Vertical Research from Hold to Buy
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Downgrades
- BAE Systems (BAESY) downgraded by Berenberg from Buy to Hold
- Lear (LEA) downgraded by UBS from Buy to Neutral
- Urban Outfitters (URBN) downgraded by Deutsche Bank from Hold to Sell
- Marathon Petroleum (MPC) downgraded by Goldman Sachs from Buy to Neutral
- Boise Cascade (BCC) downgraded by DA Davidson from Buy to Neutral
- Iberdrola (IBDRY) downgraded by JPMorgan from Overweight to Neutral
- Asur (ASR) downgraded by HSBC from Buy to Hold
- MGM Resorts (MGM) downgraded by Susquehanna from Positive to Neutral
- NetEase (NTES) downgraded by Jefferies from Buy to Hold
- LGI Homes (IH) downgraded by Wedbush from Outperform to Neutral
- Masonite (DOOR) downgraded by Wedbush from Outperform to Neutral
- Ericsson (ERIC) downgraded by Credit Suisse from Neutral to Underperform
- Sucampo (SCMP) downgraded by Mizuho from Buy to Neutral
- MSA Safety (MSA) downgraded by Baird from Outperform to Neutral
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