Upgrades
- Safeway (SWY) upgraded by Credit Suiss from Neutral to Outperform
 - Edwards Lifesciences (EW) upgraded by Credit Suisse from Neutral to Outperform
 - EnergySolutions (ES) upgraded by FBR Capital from Market Perform to Outperform
 - Omnicare (OCR) upgraded by Credit Suisse from Neutral to Outperform
 - National CineMedia (NCMI) upgraded by Piper Jaffray from Neutral to Overweight
 - Cynosure (CYNO) upgraded by Citigroup from Neutral to Buy
 - Fusion-io (FIO) upgraded by Benchmark Co. from Hold to Buy
 - Copa Holdings (COPA) upgraded by Barclays from Equal Weight to Overweight
 - Fidelity National (FIS) upgraded by JPMorgan from Underweight to Neutral
 - ICON plc (ICLR) upgraded by Sterne Agee from Underperform to Neutral
 
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Downgrades
- Dell (DELL) downgraded by Sterne Agee from Neutral to Underperform
 - Eaton Vance (EV) downgraded by BofA/Merrill from Buy to Neutral
 - Lockheed Martin (LMT) downgraded by Bernstein from Outperform to Market Perform
 - Weight Watchers (WTW) downgraded by Wedbush from Outperform to Neutral
 - Bank of America (BAC) downgraded by Bernstein from Outperform to Market Perform
 - Fossil (FOSL) downgraded by Benchmark Co. from Buy to Hold
 - Zynga (ZNGA) downgraded by Evercore from Equal Weight to Underweight
 - Zynga (ZNGA) downgraded by RW Baird from Outperform to Neutral
 - Zynga (ZNGA) downgraded by BofA/Merrill from Neutral to Underperform
 - Hasbro (HAS) downgraded by Sterne Agee from Buy to Neutral
 - Intercontinental Hotels (IHG) downgraded by Exane BNP from Outperform to Neutral
 - Anglo American (AAUKY) downgraded by Citigroup from Buy to Neutral
 - Arbitron (ARB) downgraded by Deutsche Bank from Buy to Hold
 - Host Hotels (HST) downgraded by RW Baird from Outperform to Neutral
 - FEMSA (FMX) downgraded by Scotia Capital from Outperform to Sector Perform
 - Kimberly Clark (KMB) downgraded by Janney Capital from Buy to Neutral
 - Ternium (TX) downgraded by Citigroup from Buy to Neutral
 - Powerwave (PWAV) downgraded by JPMorgan from Neutral to Underweight
 
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Upgrades & Downgrades provided by TheFlyOnTheWall.com
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