Top Analyst Upgrades and Downgrades (ALL, MTGE, AEO, CVC, CLF, EW, EQR, EXC, KMP, RYL, SNDK, SPSC, TLM, UAL, UNFI, WEN)

Allstate Corp. (NYSE: ALL) raised to Outperform as Bull of the Day at Zacks.

American Capital Mortgage Investment Corp. (NASDAQ: MTGE) added to Strong Sell list at Zacks.

American Eagle Outfitters Inc. (NYSE: AEO) added to Strong Buy list at Zacks.

Cablevision Systems Corp. (NYSE: CVC) raised to Buy at Canaccord Genuity.

Cliffs Natural Resources Inc. (NYSE: CLF) cut to Hold at Deutsche Bank.

Edwards Lifesciences Corp. (NYSE: EW) cut to Neutral at Citigroup.

Equity Residential (NYSE: EQR) cut to Sell at Goldman Sachs

Exelon Corp. (NYSE: EXC) started as Neutral at Credit Suisse.

Kinder Morgan Energy Partners L.P. (NYSE: KMP) raised to Buy at Argus.

Ryland Group Inc. (NYSE: RYL) started as Overweight at Barclays.

SanDisk Corp. (NASDAQ: SNDK) cut to Sector Perform at RBC.

SPS Commerce Inc. (NASDAQ: SPSC) raised to Buy at Canaccord Genuity.

Talisman Energy Inc. (NYSE: TLM) cut to Hold at Canaccord Genuity.

United Continental Holdings Inc. (NYSE: UAL) cut to Underperform as Bear of the Day at Zacks.

United Natural Foods Inc. (NASDAQ: UNFI) started as Neutral at Goldman Sachs.

Wendy’s Co. (NASDAQ: WEN) started as Neutral at Credit Suisse.

JON C. OGG