Upgrades
- ING Group (ING) upgraded by JPMorgan from Neutral to Overweight
- Citrix (CTXS) upgraded by Deutsche Bank from Hold to Buy
- Dermira (DERM) upgraded by Mizuho from Neutral to Buy
- United Continental (UAL) upgraded by Goldman Sachs from Neutral to Buy
- Valero (VLO) upgraded by Goldman Sachs from Neutral to Buy
- Flex (FLEX) upgraded by Goldman Sachs from Neutral to Conviction Buy
- Goodyear Tire (GT) upgraded by Longbow from Underperform to Neutral
- SJM Holdings (SJMHF) upgraded by Morgan Stanley from Underweight to Equal Weight
- Digital Realty (DLR) upgraded by Raymond James from Market Perform to Outperform
Downgrades
- Sappi (SPPJY) downgraded by JPMorgan from Overweight to Neutral
- Cloudera (CLDR) downgraded by Stifel from Buy to Hold
- Spirit Airlines (SAVE) downgraded by Goldman Sachs from Buy to Neutral
- Kratos Defense (KTOS) downgraded by Goldman Sachs from Buy to Neutral
- FuelCell (FCEL) downgraded by Oppenheimer from Outperform to Perform
- Travelers (TRV) downgraded by Keefe Bruyette from Outperform to Market Perform
- Fiat Chrysler (FCAU) downgraded by Evercore ISI from Outperform to In Line
- Renault (RNLSY) downgraded by Evercore ISI from Outperform to In Line
- Orange SA (ORAN) downgraded by Morgan Stanley from Overweight to Equal Weight
- Qorvo (QRVO) downgraded by Barclays from Overweight to Equal Weight
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