Upgrades
- RWE AG (RWEOY) upgraded by Societe Generale from Hold to Buy
- Energizer (ENR) upgraded by Goldman from Neutral to Buy
- Weir Group (WEGRY) upgraded by Nomura from Neutral to Buy
- Exelixis (EXEL) upgraded by Stifel from Hold to Buy
- Express Scripts (ESRX) upgraded by Cowen from Market Perform to Outperform
- Retail Properties of America (RPAI) upgraded by Citi from Neutral to Buy
- Veeco (VECO) upgraded by Summit Research from Sell to Hold
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Downgrades
- Energy Transfer Partners (ETP) downgraded by Stifel from Buy to Hold
- J.M. Smucker (SJM) downgraded by Goldman from Neutral to Sell
- Eaton (ETN) downgraded by Longbow from Buy to Neutral
- Orange SA (ORAN) downgraded by Deutsche Bank from Buy to Hold
- Intel (INTC) downgraded by Exane BNP Paribas from Outperform to Neutral
- Manitowoc (MTW) downgraded by Credit Suisse from Outperform to Neutral
- McDermott (MDR) downgraded by Credit Suisse from Outperform to Neutral
- Rolls-Royce (RYCEY) downgraded by Credit Suisse from Neutral to Underperform
- Air Products (APD) downgraded by Deutsche Bank from Buy to Hold
- DuPont Fabros (DFT) downgraded by Citi from Buy to Neutral
- Praxair (PX) downgraded by Deutsche Bank from Buy to Hold
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