Upgrades
- Marvell (MRVL) upgraded by FBR Capital from Market Perform to Outperform
- Reliance Steel (RS) by KeyBanc upgraded from Hold to Buy
- DSW (DSW) upgraded by Canaccord from Hold to Buy
- Kaiser Aluminum (KALU) by KeyBanc upgraded from Hold to Buy
- MiMedx (MDXG) upgraded by Needham from Buy to Strong Buy
- Knowles (KN) upgraded by RW Baird from Neutral to Outperform
- Eni SpA (E) upgraded by Credit Suisse from Underperform to Neutral
- adidas (ADDYY) upgraded by Deutsche Bank from Sell to Hold
- Aixtron (AIXG) upgraded by Societe Generale from Sell to Hold
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Downgrades
- Granite Construction (GVA) by Goldman downgraded from Buy to Neutral
- Hasbro (HAS) downgraded by Barclays from Overweight to Equal Weight
- Wal-Mart (WMT) downgraded by Barclays from Overweight to Equal Weight
- Home Loan Servicing (HLSS) downgraded by Keefe Bruyette to Market Perform
- Royal Bank of Canada (RY) downgraded by Keefe Bruyette to Underperform
- Garmin (GRMN) downgraded by Atlantic Equities from Overweight to Neutral
- Host Hotels (HST) downgraded by Stifel from Buy to Hold
- EOG Resources (EOG) downgraded by UBS from Buy to Neutral
- Tenaris (TS) downgraded by Macquarie from Outperform to Neutral
- DirecTV (DTV) downgraded by Buckingham from Buy to Neutral
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Upgrades & Downgrades provided by Theflyonthewall.com 
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