Upgrades
- Formula One Group (FWONA) upgraded by Citi from Neutral to Buy
- Patterson-UTI (PTEN) upgraded by JPMorgan from Neutral to Overweight
- Alexion (ALXN) upgraded by JPMorgan from Neutral to Overweight
- Disney (DIS) upgraded by Wells Fargo from Market Perform to Outperform
- C.H. Robinson (CHRW) upgraded by UBS from Sell to Neutral
- lululemon (LULU) upgraded by Susquehanna from Neutral to Positive
- Regal Entertainment (RGC) upgraded by MKM Partners from Neutral to Buy
- Mack-Cali Realty (CLI) upgraded by SunTrust from Hold to Buy
- Skyworks (SWKS) upgraded by Citi from Sell to Buy
- U.S. Steel (X) upgraded by BofA/Merrill from Neutral to Buy
- Xoma (XOMA) upgraded by Wedbush from Neutral to Outperform
- Navient (NAVI) upgraded by Compass Point from Neutral to Buy
- Prologis (PLD) upgraded by SunTrust from Hold to Buy
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Downgrades
- Telefonica (TEF) downgraded by JPMorgan from Overweight to Neutral
- Allison Transmission (ALSN) downgraded by Deutsche Bank from Hold to Sell
- AvalonBay (AVB) downgraded by Goldman Sachs from Buy to Neutral
- Viacom (VIAB) downgraded by Wells Fargo from Outperform to Market Perform
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