Upgrades
- Conagra Brands (CAG) upgraded by Stifel from Hold to Buy
- Kingfisher (KGFHY) upgraded by Goldman Sachs from Neutral to Buy
- Praxair (PX) upgraded by Citi from Neutral to Buy
- ICICI Bank (IBN) upgraded by Jefferies from Hold to Buy
- Orange SA (ORAN) upgraded by BofA/Merrill from Neutral to Buy
- Changyou.com (CYOU) upgraded by Deutsche Bank from Hold to Buy
- Curtiss-Wright (CW) upgraded by BofA/Merrill from Neutral to Buy
- Validus (VR) upgraded by BofA/Merrill from Neutral to Buy
- Old Republic (ORI) upgraded by Raymond James from Outperform to Strong Buy
- Bristol-Myers (BMY) upgraded by SunTrust from Hold to Buy
- JD.com (JD) upgraded by UBS from Neutral to Buy
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Downgrades
- Goodyear Tire (GT) downgraded by Citi from Buy to Neutral
- General Motors (GM) downgraded by Goldman Sachs from Neutral to Sell
- Sohu.com (SOHU) downgraded by Deutsche Bank from Buy to Hold
- Merck (MRK) downgraded by SunTrust from Buy to Hold
- Under Armour (UAA) downgraded by BofA/Merrill from Neutral to Underperform
- J.C. Penney (JCP) downgraded by Citi from Neutral to Sell
- Macy’s (M) downgraded by Citi from Neutral to Sell
- Century Aluminum (CENX) downgraded by JPMorgan from Overweight to Neutral
- PHC Inc. (PHC) downgraded by Mizuho from Buy to Neutral
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