• Home Depot (HD) upgraded by Piper Jaffray from Neutral to Overweight
  • Lowe’s (LOW) upgraded by Piper Jaffray from Neutral to Overweight
  • Nordstrom (JWN) upgraded by CLSA from Underperform to Outperform
  • Caterpillar (CAT) upgraded by BofA/Merrill from Neutral to Buy
  • BASF (BASFY) upgraded by HSBC from Neutral to Overweight
  • L’Oreal (LRLCY) upgraded by Jefferies from Hold to Buy
  • Janus Capital (JNS) upgraded by Citigroup from Sell to Neutral
  • Standard Motor Products (SMP) upgraded by Goldman from Sell to Neutral
  • PPG Industries (PPG) upgraded by Citigroup from Neutral to Buy
  • Royal KPN (KKPNY) upgraded by Deutsche Bank from Sell to Hold
  • Vornado (VNY) upgraded by Keefe Bruyette from Market Perform to Outperform
  • Siliconware Precision (SPIL) upgraded by Barclays from Equal Weight to Overweight
  • United Microelectronic (UMC) upgraded by Barclays from Underweight to Equal Weight



  • Infosys (INFY) downgraded by Macquarie from Outperform to Neutral
  • Infosys (INFY) downgraded by Deutsche Bank from Buy to Hold
  • Marathon Petroleum (MPC) downgraded by Deutsche Bank from Buy to Hold
  • Spreadtrum (SPRD) downgraded by Morgan Stanley from Overweight to Equal Weight
  • Ball (BLL) downgraded by Credit Suisse from Outperform to Neutral
  • Magna (MGA) downgraded by Goldman from Neutral to Sell
  • Deutsche Telekom (DTEGY) downgraded by Exane BNP Paribas from Outperform to Neutral
  • Lafarge (LFRGY) downgraded by Societe Generale from Buy to Hold

[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.