Upgrades
- Willis Towers Watson (WLTW) upgraded by Deutsche Bank from Sell to Hold
- UniCredit (UNCFF) upgraded by Citi from Neutral to Buy
- Thales (THLEF) upgraded by Citi from Neutral to Buy
- Village Roadshow (VLRDF) upgraded by Citi from Neutral to Buy
- Archer Daniels (ADM) upgraded by Stifel from Hold to Buy
- BB&T (BBT) upgraded by BofA/Merrill from Neutral to Buy
- GrubHub (GRUB) upgraded by Roth Capital from Neutral to Buy
- GrubHub (GRUB) upgraded by BofA/Merrill from Neutral to Buy
- Axcelis (ACLS) upgraded by Benchmark from Hold to Buy
- Broadridge (BR) upgraded by DA Davidson from Neutral to Buy
- Banco Santander (SAN) upgraded by Goldman Sachs from Buy to Conviction Buy
- Solid Biosciences (SLDB) upgraded by Citi from Sell to Neutral
Downgrades
- AGL Energy (AGLNF) downgraded by Citi from Buy to Neutral
- Centrica (CPYYY) downgraded by Citi from Buy to Neutral
- Grifols (GRFS) downgraded to Hold from Buy
- Tata Motors (TTM) downgraded by BofA/Merrill from Buy to Neutral
- Kellogg (K) downgraded by Pivotal Research from Buy to Hold
- Rio Tinto (RIO) downgraded by Investec from Buy to Hold
- Match Group (MTCH) downgraded by Nomura Instinet from Buy to Neutral
- Qorvo (QRVO) downgraded by Canaccord from Buy to Hold
- NuVasive (NUVA) downgraded by Needham from Buy to Hold
- Carbonite (CARB) downgraded by Stifel from Buy to Hold
- Norsk Hydro (NHYDY) downgraded by Pareto from Buy to Hold
- Chegg (CHGG) downgraded by Citi from Buy to Neutral
- Vocera (VCRA) downgraded by Citi from Buy to Neutral
- Enbridge (ENB) downgraded by UBS from Buy to Neutral
- Avadel Pharmaceuticals (AVDL) downgraded by Ladenburg from Buy to Neutral
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