Upgrades
- Porsche (POAHY) upgraded by Exane BNP Paribas from Neutral to Outperform
- ONEOK (OKE) upgraded by Morgan Stanley from Equal Weight to Overweight
- Fifth Street Finance (FSC) upgraded by Janney Capital from Neutral to Buy
- Riverbed (RVBD) upgraded by RBC Capital from Sector Perform to Outperform
- Western Refining (WNR) upgraded by Goldman from Buy to Conviction Buy
- Northeast Utilities (NU) upgraded by BofA/Merrill from Neutral to Buy
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Downgrades
- Kellogg (K) downgraded by Bernstein from Outperform to Market Perform
- AMR Corp. (AMR) downgraded by Sterne Agee from Buy to Neutral
- Advance Auto Parts (AAP) downgraded by Argus from Buy to Hold
- Marathon Oil (MRO) downgraded by Piper Jaffray by Goldman from Buy to Neutral
- Amgen (AMGN) downgraded by Piper Jaffray from Overweight to Neutral
- Seagate (STX) downgraded by Deutsche Bank from Buy to Hold
- Allianz (AZ) downgraded by WestLB from Buy to Add
- Great Plains Energy (GXP) downgraded by Goldman from Conviction Buy to Buy
- Portland General Electric (POR) downgraded by Goldman from Neutral to Sell
- Buckeye Partners (BPL) downgraded by Morgan Stanley from Equal Weight to Underweight
- CenterPoint Energy (CNP) downgraded by BofA/Merrill from Buy to Neutral
- Medicis (MRX) downgraded by Bernstein from Outperform to Market Perform
- LDK Solar (LDK) downgraded by Kaufman Bros. from Hold to Sell
- Western Digital (WDC) downgraded by Needham from Buy to Hold
- OmniVision (OVTI) downgraded by Needham from Strong Buy to Hold
- Knight Transportation (KNX) downgraded by Sterne Agee from Neutral to Underperform
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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