Upgrades
- BHP Billiton (BHP) upgraded by Jefferies from Hold to Buy
- Nokia (NOK) upgraded by Goldman from Buy to Conviction Buy
- Julius Baer (JBAXY) upgraded by UBS from Neutral to Buy
- Xilinx (XLNX) upgraded by Goldman from Neutral to Buy
- AstraZeneca (AZN) upgraded by Deutsche Bank to Buy
- Cynosure (CYNO) upgraded to Buy from Hold from Hold by Stifel
- Ingredion (INGR) upgraded by Citi from Neutral to Buy
- Wisconsin Energy (SRC) upgraded by Argus from Hold to Buy
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Downgrades
- Antofagasta (ANFGY) downgraded by Jefferies from Buy to Hold
- Mattress Firm (MFRM) downgraded by BofA/Merrill from Buy to Neutral
- Marvell (MRVL) downgraded by B. Riley from Buy to Neutral
- H&R Block (HRB) downgraded by BTIG from Buy to Neutral
- Spirit Realty (SRC) downgraded by BofA/Merrill from Buy to Neutral
- DRDGOLD (DRD) downgraded by JPMorgan from Overweight to Neutral
- Harmony Gold (HMY) downgraded by JPMorgan from Overweight to Neutral
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