Upgrades
- Microsoft (MSFT) upgraded by Canaccord from Hold to Buy
- T. Rowe Price (TROW) upgraded by Morgan Stanley from Underweight to Equal Weight
- Biogen (BIIB) upgraded by Morgan Stanley from Equal Weight to Overweight
- Sherwin-Williams (SHW) upgraded by BofA/Merrill from Underperform to Buy
- AmerisourceBergen (ABC) upgraded by Baird from Neutral to Outperform
- UDR, Inc. (UDR) upgraded by Baird from Neutral to Outperform
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Downgrades
- Mallinckrodt (MNK) downgraded by Canaccord from Buy to Hold
- Western Digital (WDC) downgraded by Deutsche Bank from Buy to Hold
- Swisscom (SCMWY) downgraded by Berenberg from Hold to Sell
- Domtar (UFS) downgraded by Citi from Neutral to Sell
- GrubHub (GRUB) downgraded by Citi from Buy to Neutral
- RPC, Inc. (RES) downgraded by Jefferies from Buy to Hold
- Coach (COH) downgraded by Piper Jaffray from Overweight to Neutral
- Navient (NAVI) downgraded by Compass Point from Buy to Neutral
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