Upgrades
- Wells Fargo (WFC) upgraded by Buckingham from Neutral to Buy
- JPMorgan (JPM) upgraded by Buckingham from Neutral to Buy
- First BanCorp (FBP) upgraded by Citi from Neutral to Buy
- Discovery (DISCA) upgraded by BofA/Merrill from Neutral to Buy
- Park Hotels & Resorts (PK) upgraded by SunTrust from Hold to Buy
- Exxon Mobil (XOM) upgraded by Scotia Howard Weil from Outperform to Focus List
- Spirit Airlines (SAVE) upgraded by Deutsche Bank from Hold to Buy
- Darden (DRI) upgraded by Argus from Hold to Buy
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Downgrades
- 21st Century Fox (FOXA) downgraded by Loop Capital from Hold to Sell
- Axovant Sciences (AXON) downgraded by Jefferies from Buy to Hold
- Lazard (LAZ) downgraded by Buckingham from Buy to Neutral
- SunTrust (STI) downgraded by Wedbush from Outperform to Neutral
- ConocoPhillips (COP) downgraded by Scotia Howard Weil from Focus List to Outperform
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