Upgrades
- Fujitsu (FJTSY) upgraded by Nomura Instinet from Neutral to Buy
- Roche (RHHBY) upgraded by UBS from Neutral to Buy
- Mail.Ru Group (MLRYY) upgraded by HSBC from Hold to Buy
- West Pharmaceutical (WST) upgraded by BofA/Merrill from Underperform to Neutral
- WWE (WWE) upgraded by Benchmark from Hold to Buy
- Arcos Dorados (ARCO) upgraded by Bradesco from Neutral to Outperform
- Union Pacific (UNP) upgraded by Atlantic Equities from Neutral to Overweight
- CSX (CSX) upgraded by Atlantic Equities from Underweight to Neutral
- Ambev (ABEV) upgraded by JPMorgan from Underweight to Neutral
- Bank of America (BAC) upgraded by Keefe Bruyette from Market Perform to Outperform
- Citi (C) upgraded by Keefe Bruyette from Market Perform to Outperform
Downgrades
- LKQ Corp. (LKQ) downgraded by Wellington Shields from Buy to Gradually Accumulate
- BorgWarner (BWA) downgraded by Deutsche Bank from Buy to Hold
- Abeona Therapeutics (ABEO) downgraded by Mizuho from Buy to Neutral
- DaVita (DVA) downgraded by Baird from Outperform to Neutral
- MTU Aero Engines (MTUAY) downgraded by Societe Generale from Hold to Sell
- easyJet (ESYJY) downgraded by Societe Generale from Hold to Sell
- Carbonite (CARB) downgraded by Barclays from Overweight to Underweight
- Sallie Mae (SLM) downgraded by Compass Point from Buy to Neutral
- Dow Inc. (DOW) downgraded by BofA/Merrill from Buy to Neutral
- Aphria (APHA) downgraded by CIBC from Neutral to Underperformer
- C.H. Robinson (CHRW) downgraded by Citi from Buy to Neutral
- Spirit Airlines (SAVE) downgraded by Credit Suisse from Outperform to Neutral
- Novocure (NVCR) downgraded by Wedbush from Outperform to Neutral
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