Upgrades
- Pattern Energy (PEGI) upgraded by Goldman Sachs from Neutral to Buy
- easyJet (ESYJY) upgraded by JPMorgan from Underweight to Overweight
- AIG (AIG) upgraded by Deutsche Bank from Sell to Hold
- Novo Nordisk (NVO) upgraded by BofA/Merrill from Neutral to Buy
- Brown & Brown (BRO) upgraded by SunTrust from Hold to Buy
- National Grid (NGG) upgraded by Deutsche Bank from Sell to Hold
- Red Electrica (RDEIY) upgraded by Deutsche Bank from Hold to Buy
- Gas Natural (GASNY) upgraded by Deutsche Bank from Hold to Buy
- United Utilities (UUGRY) upgraded by Deutsche Bank from Hold to Buy
- Antero Midstream GP (AMGP) upgraded by Citi from Neutral to Buy
- Regal Entertainment (RGC) upgraded by MoffettNathanson from Sell to Neutral
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Downgrades
- Ironwood (IRWD) downgraded by Mizuho from Buy to Neutral
- Regal Entertainment (RGC) downgraded by Loop Capital from Buy to Hold
- Regal Entertainment (RGC) downgraded by Macquarie from Outperform to Neutral
- Regal Entertainment (RGC) downgraded by RBC Capital from Outperform to Sector Perform
- Marsh & McLennan (MMC) downgraded by UBS from Buy to Neutral
- Novartis (NVS) downgraded by BofA/Merrill from Neutral to Underperform
- Sanofi (SNY) downgraded by BofA/Merrillto Neutral from Buy
- Edison International (EIX) downgraded by Mizuho from Buy to Neutral
- AutoZone (AZO) downgraded by Guggenheim from Buy to Neutral
- Navigators (NAVG) downgraded by Keefe Bruyette from Market Perform to Underperform
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