Upgrades
- MTN Group (MTNOY) upgraded by Goldman from Sell to Neutral
- Vivendi (VIVHY) upgraded by Jefferies from Underperform to Hold
- Regional Management (RM) upgraded by Jefferies from Hold to Buy
- FMC Corporation (FMC) upgraded by Jefferies from Hold to Buy
- BioMed Realty (BMR) upgraded by Canaccord from Hold to Buy
- Carnival (CCL) upgraded by Nomura from Neutral to Buy
- Sherwin-Williams (DAKT) downgraded by Longbow from Buy to Neutral
- Raytheon (RTN) upgraded by Bernstein from Market Perform to Outperform
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Downgrades
- Volkswagen (VLKAY) downgraded by Natixis from Buy to Neutral
- Volkswagen (VLKAY) downgraded by Deutsche Bank from Buy to Hold
- Volkswagen (VLKAY) downgraded by JPMorgan from Overweight to Neutral
- Cytec Industries (CYT) downgraded by Jefferies from Buy to Hold
- Sherwin-Williams (SHW) downgraded by Longbow from Buy to Neutral
- Norilsk Nickel (NILSY) downgraded by JPMorgan from Overweight to Neutral
- CarMax (KMAX) downgraded by Oppenheimer from Outperform to Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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