Upgrades
- Veon (VEON) upgraded by Goldman Sachs from Neutral to Buy
- Starbucks (SBUX) upgraded by DZ Bank from Sell to Hold
- Royal Dutch Shell (RDS.A) upgraded by DZ Bank from Hold to Buy
- Millicom (MIICF) upgraded by BofA/Merrill from Neutral to Buy
- Biogen (BIIB) upgraded by Citi from Neutral to Buy
- ManTech (MANT) upgraded by SunTrust from Hold to Buy
Downgrades
- Arbutus Biopharma (ABUS) downgraded by B. Riley FBR from Buy to Neutral
- LSC Communications (LKSD) downgraded by JPMorgan from Neutral to Underweight
- Gannett (GCI) downgraded by JPMorgan from Neutral to Underweight
- C&J Energy Services (CJ) downgraded by Guggenheim from Buy to Neutral
- Covia (CVIA) downgraded by Guggenheim from Buy to Neutral
- Hi-Crush Partners (HCLP) downgraded by Guggenheim from Buy to Neutral
- Patterson-UTI (PTEN) downgraded by Guggenheim from Buy to Neutral
- U.S. Silica (SLCA) downgraded by Guggenheim from Buy to Neutral
- L’Oreal (LRLCY) downgraded by Deutsche Bank from Buy to Hold
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