Upgrades and Downgrades for Thursday, 5/23

Upgrades

• Thomson Reuters (TRI) upgraded by Piper Jaffray from Underweight to Neutral
• Seagate (STX) upgraded by Deutsche Bank from Hold to Buy
• Hewlett-Packard (HPQ) upgraded by Jefferies from Underperform to Hold
• Diamond Offshore (DO) upgraded by Goldman from Sell to Neutral
• Atwood Oceanics (ATW) upgraded by Goldman from Neutral to Buy
• Demandware (DWRE) upgraded by Goldman from Buy to Conviction Buy
• VeriFone (PAY) upgraded by SunTrust from Neutral to Buy
• Pacific Sunwear (PSUN) upgraded by Topeka from Hold to Buy
• Republic Services (RSG) upgraded by KeyBanc from Hold to Buy
• Stellus Capital (SCM) upgraded by Janney Capital from Neutral to Buy
• Mack-Cali Realty (CLI) upgraded by Stifel from Sell to Hold

Downgrades

• RusHydro (RSHYY) downgraded by Goldman from Buy to Neutral
• Fabrinet (FN) downgraded by Deutsche Bank from Buy to Hold
• Flextronics (FLEX) downgraded by Deutsche Bank from Buy to Hold
• Anglo American (AAUKY) downgraded by Jefferies from Buy to Hold
• Realty Income (O) downgraded by Goldman from Neutral to Sell
• Sanmina (SANM) downgraded by Deutsche Bank from Hold to Sell
• Patterson-UTI Energy (PTEN) downgraded by Goldman from Neutral to Sell
• Kingfisher (KGFHY) downgraded by Nomura from Neutral to Reduce
• Devon Energy (DVN) downgraded by JPMorgan from Overweight to Neutral

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Upgrades & Downgrades provided by Theflyonthewall.com