Upgrades
- Medivation (MDVN) upgraded by Canaccord from Hold to Buy
- Panera Bread (PNRA) upgraded by Jefferies from Hold to Buy
- Panera Bread (PNRA) upgraded by KeyBanc from Sector Weight to Overweight
- Ensco (ESV) upgraded by DNB Markets from Sell to Hold
- BlackRock (BLK) upgraded by Citi from Neutral to Buy
- Devon Energy (DVN) upgraded by Morgan Stanley from Equal Weight to Overweight
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Downgrades
- ADTRAN (ADTN) downgraded by Goldman from Neutral to Sell
- Trinity Industries (TRN) downgraded by Stifel from Buy to Hold
- Genesco (GCO) downgraded by Sterne Agee CRT from Buy to Neutral
- American Tower (AMT) downgraded by Evercore ISI from Buy to Hold
- Illumina (ILMN) downgraded by BofA/Merrill from Buy to Neutral
- Inter Parfums (IPAR) downgraded by B. Riley from Buy to Neutral
- Freeport McMoRan (FCX) downgraded by CLSA from Outperform to Sell
- Southwestern Energy (SWN) downgraded by UBS from Neutral to Sell
- California Water Service (CWT) downgraded by Janney Capital from Buy to Neutral
- eBay (EBAY) downgraded by Morgan Stanley from Equal Weight to Underweight
- Potash (POT) downgraded by Barclays from Equal Weight to Underweight
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