Upgrades
- Michelin (MGDDY) upgraded by HSBC from Neutral to Overweight
 - Wynn Resorts (WYNN) upgraded by BMO Capital from Market Perform to Outperform
 - Seagate (STX) upgraded by RW Baird from Neutral to Outperform
 - Hatteras Financial (HTS) upgraded by Sterne Agee from Neutral to Buy
 - Altera (ALTR) upgraded by CLSA from Outperform to Buy
 - Accretive Health (AH) upgraded by Goldman from Neutral to Buy
 - 51job (JOBS) upgraded by William Blair from Market Perform to Outperform
 
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Downgrades
- PetSmart (PETM) downgraded by Wells Fargo from Outperform to Market Perform
 - New York & Co. (NWY) downgraded by Janney Capital from Buy to Neutral
 - Freescale (FSL) downgraded by BMO Capital from Outperform to Market Perform
 - Sterling Bancorp (STL) downgraded by Janney Capital from Buy to Neutral
 - Chimera Investment (CIM) downgraded by Sterne Agee from Neutral to Underperform
 - Newfield Exploration (NFX) downgraded by Macquarie from Outperform to Neutral
 - PetroQuest Energy (PQ) downgraded by Stifel Nicolaus from Buy to Hold
 - Ezcorp (EZPW) downgraded by Sterne Agee from Neutral to Underperform
 - International Flavors (IFF) downgraded by Stifel Nicolaus from Buy to Hold
 - Dentsply (XRAY) downgraded by SunTrust from Buy to Neutral
 
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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