Upgrades
- Airbus (EADSY) upgraded by Goldman Sachs from Sell to Neutral
- Protagonist Therapeutics (PAHC) upgraded by Stifel from Hold to Buy
- Norsk Hydro (NHYDY) upgraded by Goldman Sachs from Sell to Neutral
- Black Hills (BKH) upgraded by Scotiabank from Underperform to Sector Perform
- NextEra Energy (NEE) upgraded by Scotiabank from Sector Perform to Outperform
- Ralph Lauren (RL) upgraded by RBC Capital from Sector Perform to Outperform
- Ferrari (RACE) upgraded by Morgan Stanley from Equal Weight to Overweight
- Match Group (MTCH) upgraded by Goldman Sachs from Sell to Neutral
- United Therapeutics (UTHR) upgraded by Credit Suisse from Underperform to Neutral
- Royal Dutch Shell (RDS.A) upgraded by Morgan Stanley from Underweight to Equal Weight
- York Water (YORW) upgraded by Janney Montgomery Scott from Neutral to Buy
- Flexion (FLXN) upgraded by Benchmark from Hold to Buy
- Penn National (PENN) upgraded by BofA/Merrill from Neutral to Buy
- Hallmark (HALL) upgraded by Boenning & Scattergood from Neutral to Outperform
Downgrades
- Capital Power (CPXWF) downgraded by BMO Capital from Outperform to Market Perform
- Zayo Group (ZAYO) downgraded by Wells Fargo from Outperform to Market Perform
- Conduent (CNDT) downgraded by Cross Research from Buy to Hold
- Zayo Group (ZAYO) downgraded by RBC Capital from Outperform to Sector Perform
- WEC Energy (WEC) downgraded by Scotiabank from Outperform to Sector Perform
- Intel (INTC) downgraded by BMO Capital from Outperform to Market Perform
- Stamps.com (STMP) downgraded by B. Riley FBR from Buyto Neutral
- American Eagle (AEO) downgraded by RBC Capital from Outperform to Sector Perform
- Green Dot (GDOT) downgraded by BTIG from Buy to Neutral
- Seaspan (SSW) downgraded by Jefferies from Buy to Hold
- Coca-Cola Amatil (CCLAY) downgraded by Macquarie from Neutral to Underperform
- Camping World (CWH) downgraded by BofA/Merrill from Neutral to Underperform
- Office Depot (ODP) downgraded by BofA/Merrill from Buy to Underperform
- Conduent (CNDT) downgraded by JPMorgan from Overweight to Neutral
- Nordstrom (JWN) downgraded by Wedbush from Outperform to Neutral
- Zumiez (ZUMZ) downgraded by Wedbush from Neutral to Underperform
- Abercrombie & Fitch (ANF) downgraded by Wedbush from Neutral to Underperform
- Redfin (RDFN) downgraded by Compass Point from Buy to Neutral
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