Upgrades
- GlaxoSmithKline (GSK) upgraded by UBS from Neutral to Buy
- Arrowhead (ARWR) upgraded by Piper Jaffray from Neutral to Overweight
- Cemig (CIG) upgraded by JPMorgan from Neutral from Neutral to Overweight
- Sabesp (SBS) upgraded by JPMorgan from Neutral to Overweight
- National Grid (NGG) upgraded by Credit Suisse from Underperform to Neutral
- Ciena (CIEN) upgraded by BofA/Merrill from Neutral to Buy
- Lowe’s (LOW) upgraded by Raymond James from Market Perform to Outperform
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Downgrades
- Gafisa (GFA) downgraded by JPMorgan from Neutral to Underweight
- Wal-Mart de Mexico (WMMVY) downgraded by JPMorgan from Overweight to Neutral
- Cubic (CUB) downgraded by JPMorgan from Overweight to Neutral
- Norfolk Southern (NSC) downgraded by Loop Capital from Hold to Sell
- Buffalo Wild Wings (BWLD) downgraded by UBS from Buy to Neutral
- SolarEdge (SEDG) downgraded by Deutsche Bank from Buy to Hold
- Zurich Insurance (ZURVY) downgraded by JPMorgan from Overweight to Neutral
- Kimco Realty (KIM) downgraded by Baird from Outperform to Neutral
- Square (SQ) downgraded by BTIG from Neutral to Sell
- Samsung (SSNLF) downgraded by Morgan Stanley from Overweight to Equal Weight
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