Upgrades
- Microsoft (MSFT) upgraded by Jefferies from Hold to Buy
- CSR (CSRE) upgraded by UBS from Sell to Neutral
- ITT Educational (ESI) upgraded by Wells Fargo from Market Perform to Outperform
- Cogent (CCOI) upgraded by Citigroup from Neutral to Buy
- Texas Instruments (TXN) upgraded by Susquehanna from Negative to Neutral
- Tesla (TSLA) upgraded by Wedbush from Neutral to Outperform
- Sharp (SHCAY) upgraded by Jefferies from Underperform to Hold
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Downgrades
- PennyMac (PFSI) downgraded by Wells Fargo from Outperform to Market Perform
- Teradata (TDC) downgraded by Goldman from Buy to Neutral
- Teradata (TDC) downgraded by Credit Suisse from Outperform to Neutral
- Teradata (TDC) downgraded by Sterne Agee from Buy to Neutral
- Teradata (TDC) downgraded by Morgan Stanley from Overweight to Equal Weight
- Atlas Pipeline Partners (APL) downgraded by RW Baird from Outperform to Neutral
- Transocean (RIG) downgraded by Argus from Buy to Hold
- Coronado (CNDO) downgraded by Canaccord from Buy to Hold
- Veeco (VECO) downgraded by Oppenheimer from Outperform to Perform
- TMS International (TMS) downgraded by Raymond James from Strong Buy to Market Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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