Upgrades
- China Telecom (CHA) upgraded by Jefferies from Hold to Buy
- Newcrest Mining (NCMGY) upgraded by Goldman from Neutral to Buy
- Associated British Foods (ASBFY) upgraded by Goldman from Sell to Buy
- Kinross Gold (KGC) upgraded by UBS from Neutral to Buy
- Noranda Aluminum (NOR) upgraded by UBS from Sell to Neutral
- Copart (CPRT) upgraded by SunTrust from Reduce to Neutral
- MagnaChip (MX) upgraded by Topeka from Hold to Buy
- Avago (AVGO) upgraded by Jefferies from Hold to Buy
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Downgrades
- Broadcom (BRCM) downgraded by Goldman from Buy to Neutral
- Centerra Gold (CAGDF) downgraded by UBS from Neutral to Sell
- Rally Software (RALY) downgraded by Roth Capital from Buy to Neutral
- Pacific Sunwear (PSUN) downgraded by Mizuho from Buy to Neutral
- Abercrombie & Fitch (ANF) downgraded by Janney Capital from Neutral to Sell
- Marriott Vacations (VAC) downgraded by JMP Securities from Outperform to Market Perform
- Knight Transportation (KNX) downgraded by BofA/Merrill from Buy to Neutral
- J.B. Hunt (JBHT) downgraded by BofA/Merrill from Buy to Neutral
- Con-way (CNW) downgraded by BofA/Merrill from Neutral to Underperform
- Potash (POT) downgraded by TD Securities from Buy to Hold
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Upgrades & Downgrades provided by Theflyonthewall.com 
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