Upgrades
- Youku Tudou (YOKU) upgraded by Brean Capital from Hold to Buy
- Mueller Water (MWA) upgraded by Goldman from Sell to Neutral
- American Tower (AMT) upgraded by Citigroup from Neutral to Buy
- Concho Resources (CXO) upgraded by Canaccord from Hold to Buy
- TD Ameritrade (AMTD) upgraded by Raymond James from Market Perform to Outperform
- Best Buy (BBY) upgraded by UBS from Neutral to Buy
- LPL Financial (LPL) upgraded by UBS from Sell to Neutral
- Westar Energy (WR) upgraded by Gabelli from Hold to Buy
- Calgon Carbon (CCC) upgraded by BB&T from Hold to Buy
- Rosetta Resources (ROSE) upgraded by Stifel from Hold to Buy
- Maiden Holdings (MHLD) upgraded by Guggenheim from Neutral to Buy
- Bonanza Creek (BCEI) upgraded by Wunderlich from Hold to Buy
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Downgrades
- Deutsche Telekom (DTEGY) downgraded by Goldman from Neutral to Sell
- Teekay Offshore Partners (TOO) downgraded by BofA/Merrill from Buy to Neutral
- Eli Lilly (LLY) downgraded by Goldman from Neutral to Sell
- British Sky Broadcasting (BSYBY) downgraded by Nomura from Buy to Reduce
- Tata Motors (TTM) downgraded by Nomura from Buy to Neutral
- RSA Insurance (RSNAY) downgraded by Citigroup from Buy to Neutral
- AGCO (AGCO) downgraded by Goldman from Neutral to Sell
- CECO Environmental (CECE) downgraded by Drexel Hamilton from Buy to Hold
- Range Resources (RRC) downgraded by Oppenheimer from Outperform to Perform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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