Upgrades
- Valero (VLO) upgraded by Goldman from Neutral to Conviction Buy
- Orbitz (OWW,EXPE) upgraded by Goldman from Sell to Neutral
- Stage Stores (SSI) upgraded by Sterne Agee from Neutral to Buy
- Dr Pepper Snapple (DPS) upgraded by Wells Fargo from Underperform to Market Perform
- Ascena Retail (ASNA) upgraded by KeyBanc from Hold to Buy
- GlaxoSmithKline (GSK) upgraded by UBS from Sell to Buy
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Downgrades
- Salix (SLXP) downgraded by Sterne Agee from Buy to Neutral
- BorgWarner (BWA) downgraded by Goldman from Buy to Neutral
- Waste Management (WM) downgraded by Stifel from Buy to Hold
- Tesoro (TSO) downgraded by Goldman from Conviction Buy to Neutral
- Scripps Networks (SNI) downgraded by MKM Partners from Buy to Neutral
- Total (TOT) downgraded by UBS from Buy to Neutral
- Dr Pepper Snapple (DPS) downgraded by Gabelli from Buy to Hold
- InterXion (INXN) downgraded by Citigroup from Buy to Neutral
- Abercrombie & Fitch (ANF) downgraded by Credit Suisse from Neutral to Underperform
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Upgrades & Downgrades provided by Theflyonthewall.com 
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