Upgrades
- Whirlpool (WHR) upgraded by Raymond James from Market Perform to Strong Buy
- Interxion (INXN) upgraded by Evercore ISI from Hold to Buy
- Highwoods Properties (HIW) upgraded by Jefferies from Hold to Buy
- Applied Materials (AMAT) upgraded by Nomura from Neutral to Buy
- Pebblebrook Hotel (PEB) upgraded by Evercore ISI from Hold to Buy
- Holly (HOC) upgraded by HSBC from Reduce to Hold
- Arctic Cat (ACAT) upgraded by BMO Capital from Underperform to Market Perform
- Costco (COST) upgraded by UBS from Neutral to Buy
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Downgrades
- American Express (AXP) downgraded by UBS from Neutral to Sell
- ThyssenKrupp (TKAMY) downgraded by Citi from Buy to Neutral
- DSW (DSW) downgraded by Canaccord from Speculative Buy to Hold
- Parker-Hannifin (PH) downgraded by BofA/Merrill from Buy to Neutral
- LaSalle Hotel (LHO) downgraded by Evercore ISI from Buy to Hold
- Ventas (VTR) downgraded by Evercore ISI from Buy to Hold
- Ventas (VTR) downgraded by Mizuho from Buy to Neutral
- Health Care REIT (HCN) downgraded by Mizuho from Buy to Neutral
- NetApp (NTAP) downgraded by UBS from Neutral to Sell
- IAMGOLD (IAG) downgraded by HSBC from Buy to Reduce
- Newmont Mining (NEM) downgraded by HSBC from Buy to Hold
- Randgold (GOLD) downgraded by HSBC from Buy to Hold
- Agnico Eagle (AEM) downgraded by HSBC from Buy to Hold
- Yamana Gold (AUY) downgraded by HSBC from Buy to Hold
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