Upgrades
- AOL (AOL) upgraded by CRT Capital from Fair Value to Buy
- Analog Devices (ADI) upgraded by Drexel Hamilton from Hold to Buy
- Norsk Hydro (NHYDY) upgraded by Societe Generale from Hold to Buy
- KPN (KKPNY) upgraded by Citigroup from Neutral to Buy
- VMware (VMW) upgraded by Citigroup from Neutral to Buy
- HP (HPQ) upgraded by BofA/Merrill from Neutral to Buy
- Western Digital (WDC) upgraded by BofA/Merrill from Neutral to Buy
- NuVasive (NUVA) upgraded by Goldman from Sell to Neutral
- Big Lots (BIG) upgraded by Raymond James from Underperform to Market Perform
- Annie’s (BNNY) upgraded by Janney Capital from Sell to Neutral
- Esterline (ESL) upgraded by UBS from Neutral to Buy
- CSX (CSX) upgraded by Argus from Hold to Buy
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Downgrades
- Dominion (D) downgraded by Jefferies from Buy to Hold
- Eaton Vance (EV,IVZ) downgraded by Citigroup from Neutral to Sell
- Canon (CAJ) downgraded by BofA/Merrill from Buy to Neutral
- Amarin (AMRN) downgraded by MKM Partners from Buy to Neutral
- McGraw Hill Financial (MHFI) downgraded by Goldman from Buy to Neutral
- Equifax (EFX) downgraded by Goldman from Buy to Neutral
- Norfolk Southern (NSC) downgraded by Stifel from Buy to Hold
- CSX (CSX) downgraded by Stifel from Buy to Hold
- AECOM Technology (ACM) downgraded by KeyBanc from Buy to Hold
- McCormick (MKC) downgraded by Jefferies from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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