Upgrades
- Infineon (IFNNY) upgraded by UBS from Neutral to Buy
- Progressive (PGR) upgraded by Citigroup from Neutral to Buy
- Aruba Networks (ARUN) upgraded by Stifel from Hold to Buy
- PFSweb (PFSW) upgraded by B. Riley from Neutral to Buy
- Luxottica (LUX) upgraded by Goldman from Sell to Neutral
- NetApp (NTAP) upgraded by Needham from Hold to Buy
- Dresser-Rand (DRC) upgraded by Guggenheim from Neutral to Buy
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Downgrades
- SeaWorld (SEAS) downgraded by BofA/Merrill from Buy to Neutral
- Infosys (INFY) downgraded by Jefferies from Buy to Hold
- InterMune (ITMN) downgraded by Goldman from Buy to Neutral
- Freeport McMoRan (FCX) downgraded by Stifel from Buy to Hold
- Madison Square Garden (MSG) downgraded by Topeka from Buy to Hold
- Fabrinet (FN) downgraded by B. Riley from Buy to Neutral
- Adidas (ADDYY) downgraded by Goldman from Buy to Neutral
- LVMH Moet Hennessy (LVMUY) downgraded by Goldman from Buy to Neutral
- URS Corporation (URS) downgraded by Sterne Agee from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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