Upgrades
- UPS (UPS) upgraded by Raymond James from Market Perform to Strong Buy
- Univar (UNVR) upgraded by Berenberg from Hold to Buy
- Boston Scientific (BSX) upgraded by Jefferies from Hold to Buy
- Lloyds Banking (LYG) upgraded by Berenberg from Sell to Hold
- PG&E (PCG) upgraded by BofA/Merrill from Neutral to Buy
- Albemarle (ALB) upgraded by SunTrust from Hold to Buy
- Zumiez (ZUMZ) upgraded by Pivotal Research from Hold to Buy
- ABB (ABB) upgraded by Citi from Neutral to Buy
- M&T Bank (MTB) upgraded by Keefe Bruyette from Market Perform to Outperform
- CaixaBank (CAIXY) upgraded by JPMorgan from Neutral to Overweight
- Qualcomm (QCOM) upgraded by Macquarie from Neutral to Outperform
- Coca-Cola European Partners (CCE) upgraded by Macquarie from Neutral to Outperform
Downgrades
- Turkcell (TKC) downgraded by JPMorgan from Overweight to Neutral
- Evercore Partners (EVR) downgraded by UBS from Buy to Neutral
- Fabrinet (FN) downgraded by B. Riley FBR from Buy to Neutral
- II-VI (IIVI) downgraded by B. Riley FBR from Buy to Neutral
- Verizon (VZ) downgraded by Barclays from Overweight to Equal Weight
- K2M Group (KTWO) downgraded by Cantor Fitzgerald from Overweight to Neutral
- Dollar Tree (DLTR) downgraded by RBC Capital from Top Pick to Outperform
- Tilly’s (TLYS) downgraded by Pivotal Research from Buy to Hold
- Shoe Carnival (SCVL) downgraded by Pivotal Research from Buy to Hold
- Cognizant (CTSH) downgraded by BofA/Merrill from Buy to Underperform
- Epam Systems (EPAM) downgraded by BofA/Merrill from Buy to Neutral
- Signet Jewelers (SIG) downgraded by Citi from Neutral to Sell
- Wingstop (WING) downgraded by BTIG from Buy to Neutral
- Western Digital (WDC) downgraded by Evercore ISI from Outperform to In Line
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