Upgrades
- Ctrip (CTRP) upgraded by Credit Suisse from Neutral to Outperform
- Smart Sand (SND) upgraded by B. Riley FBR from Neutral to Buy
- Seattle Genetics (SGEN) upgraded by Piper Jaffray from Neutral to Overweight
- Hershey (HSY) upgraded by Goldman Sachs from Sell to Neutral
- Macom (MTSI) upgraded by Piper Jaffray from Neutral to Overweight
- Progress Software (PRGS) upgraded by Benchmark from Hold to Buy
- ConocoPhillips (COP) upgraded by BofA/Merrill from Neutral to Buy
- Societe Generale (SCGLY) upgraded by JPMorgan from Neutral to Overweight
Downgrades
- Turquoise Hill (TRQ) downgraded by TD Securities from Buy to Speculative Buy
- Galaxy Resources (GALXF) downgraded by Citi from Buy to Neutral
- Cardiovascular Systems (CSII) downgraded by Stifel from Buy to Hold
- Tellurian (TELL) downgraded by Stifel from Buy to Hold
- Micro Focus (MFGP) downgraded by Goldman Sachs from Neutral to Sell
- Wells Fargo (WFC) downgraded by Macquarie from Outperform to Neutral
- Alliance Resource Partners (ARLP) downgraded by B. Riley FBR from Buy to Neutral
- PVH Corp. (PVH) downgraded by Goldman Sachs from Neutral to Sell
- Ralph Lauren (RL) downgraded by Goldman Sachs from Neutral to Sell
- Levi Strauss (LEVI) downgraded by Goldman Sachs from Neutral to Sell
- Nu Skin (NUS) downgraded by Jefferies from Buy to Hold
- Burberry (BURBY) downgraded by Jefferies from Hold to Underperform
- Cochlear (CHEOY) downgraded by Citi from Neutral to Sell
- Santander Consumer (SC) downgraded by Janney Montgomery Scott from Buy to Neutral
- Steelcase (SC) downgraded by Seaport Global from Buy to Neutral
- Globant (GLOB) downgraded by Citi from Buy to Neutral
- ExlService (EXLS) downgraded by Citi from Neutral to Sell
- Pebblebrook Hotel (PEB) downgraded by BofA/Merrill from Buy to Neutral
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