• Arthur J. Gallagher (AJG) upgraded by Barclays from Equal Weight to Overweight
  • FedEx (FDX) upgraded by Lazard Capital from Neutral to Buy
  • KeyCorp (KEY) upgraded by Susquehanna from Neutral to Positive
  • Duke Realty (DRE) upgraded by RW Baird from Neutral to Outperform
  • Noble Energy (NBL) upgraded by BMO Capital from Underperform to Market Perform
  • Xilinx (XLNX) upgraded by Pacific Crest from Sector Perform to Outperform
  • Brown & Brown (BRO) upgraded by Barclays from Equal Weight to Overweight
  • BHP Billiton (BHP) upgraded by Goldman from Neutral to Conviction Buy



  • Teva (TEVA) downgraded by Piper Jaffray from Overweight to Neutral
  • Wendy’s (WEN) downgraded by SunTrust from Buy to Neutral
  • Brigham Exploration (BEXP) downgraded by Pritchard from Buy to Neutral
  • Rio Tinto (RIO) downgraded by Goldman from Buy to Neutral
  • Anglo American (AAUKY) downgraded by Goldman from Conviction Buy to Neutral
  • ITC Holdings (ITC) downgraded by Argus from Buy to Hold
  • NewBridge Bancorp (NBBC) downgraded by Stifel Nicolaus from Buy to Hold
  • Piedmont Office Realty (PDM) downgraded by Stifel Nicolaus from Hold¬† to Sell
  • Franklin Street (FSP) downgraded by Stifel Nicolaus from Hold to Sell
  • Torchmark (TMK) downgraded by Citigroup from Buy to Neutral
  • International Flavors (IFF) downgraded by RBC Capital from Outperform to Sector Perform
  • Shaw (SJR) downgraded by BofA/Merrill from Buy to Neutral
  • Sabra Health Care (SBRA) downgraded by JMP Securities from Outperform to Market Perform
  • Energy Conversion (ENER) downgraded by UBS from Neutral to Sell

[ad#jack p.s.]

Upgrades & Downgrades provided by TheFlyOnTheWall.com

TheFlyOnTheWall.com is a source for up-to-the-minute financial news. Known for its unbiased market intelligence, TheFly has been serving professional and individual investors worldwide for more than 12 years. TheFly’s news feed keeps investors informed of all the news moving on the wires and circulating throughout Wall Street trading desks.¬† Become an informed investor. Try all of TheFly’s services FREE for 30-days by clicking here.