Upgrades

  •  INC Research (INCR) upgraded by Jefferies from Hold to Buy
  • Ashford Hospitality Prime (AHP) upgraded by Canaccord from Hold to Buy
  • Scientific Games (SGMS) upgraded by Deutsche Bank from Sell to Hold
  • American Airlines (AAL) upgraded by Deutsche Bank from Hold to Buy
  • Delta Air Lines (DAL) upgraded by Deutsche Bank from Hold to Buy
  • Copa Holdings (CPA) upgraded by Deutsche Bank from Hold to Buy
  • Repsol (REPYY) upgraded by HSBC from Reduce to Hold
  • Royal Dutch Shell (RDS.A) upgraded by HSBC from Hold to Buy
  • Cal-Maine Foods (CALM) upgraded by BB&T from Hold to Buy
  • BG Group (BRGYY) upgraded by HSBC from Hold to Buy
  • Golub Capital (GBDC) upgraded by Cantor from Hold to Buy

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Downgrades

  • Gladstone Capital (GLAD) downgraded by Cantor from Buy to Hold  
  • Apollo Investment (AINV) downgraded by Cantor from Buy to Hold
  • Freeport McMoRan (FCX) downgraded by Citi from Buy to Neutral
  • Siliconware Precision (SPIL) downgraded by BNP Paribas from Buy to Hold
  • CNOOC (CEO) downgraded by HSBC from Hold to Reduce

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