Upgrades
- Research in Motion (RIMM) upgraded by Goldman from Sell to Neutral
 - Dick’s Sporting (DKS) upgraded by Goldman from Buy to Conviction Buy
 - Munich Re (MURGY) upgraded by Nomura from Neutral to Buy
 - Flagstar Bancorp (FBC) upgraded by Cantor from Hold to Buy
 - KeyCorp (KEY) upgraded by Raymond James from Market Perform to Outperform
 
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Downgrades
- Solar Capital (SLRC) downgraded by Wells Fargo from Outperform to Market Perform
 - Swiss Re (SSREY) downgraded by Nomura from Buy to Neutral
 - Tenet Healthcare (THC) downgraded by Leerink from Outperform to Market Perform
 - Chimera Investment (CIM) downgraded by Wunderlich from Hold to Sell
 - Crawford & Company (CRDB) downgraded by SunTrust from Buy to Neutral
 - Cooper Companies (COO) downgraded by BMO Capital from Outperform to Market Perform
 - Global Industries (GLBL) downgraded by Raymond James from Market Perform to Underperform
 - NBT Bancorp (NBTB) downgraded by Guggenheim from Buy to Neutral
 
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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