Upgrades
- Verifone (PAY) upgraded by Goldman from Neutral to Buy
- Qualcomm (QCOM) upgraded by BofA/Merrill from Neutral to Buy
- Western Digital (WDC) upgraded by BofA/Merrill from Neutral to Buy
- Builders FirstSource (BLDR) upgraded by Stifel from Hold to Buy
- LendingClub (LC) upgraded by Sterne Agee from Underperform to Neutral
- Kayne Anderson (KED) upgraded by Stifel from Hold to Buy
- Aeterna Zentaris (AEZS) upgraded by H.C. Wainwright from Neutral to Buy
- Urban Outfitters (URBN) upgraded by BMO Capital from Market Perform to Outperform
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Downgrades
- Royal Dutch Shell (RDS.A) downgraded by Jefferies from Buy to Hold
- Metro (MTTRY) downgraded by Societe Generale from Hold to Sell
- CSC (CSC) downgraded by Goldman from Buy to Neutral
- BP (BP) downgraded by Citigroup from Buy to Neutral
- TD Ameritrade (AMTD) downgraded by Citigroup from Buy to Neutral
- Rockwell Automation (ROK) downgraded by Stifel from Buy to Hold
- Arrowhead (ARWR) downgraded by Jefferies from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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