Upgrades:

Bank of America (BAC) upgraded to Overweight from Neutral at Atlantic Equities

Citigroup (C) upgraded to Overweight from Neutral at Atlantic Equities

Downgrades:

Barrick Gold (ABX) downgraded to Hold from Buy at TD Securities

Goldman Sachs (GS) downgraded to Neutral from Overweight at Atlantic Equities

Procter & Gamble (PG) downgraded to Hold from Buy at Stifel

Other:

General Motors (GM) initiated with Market Perform at BMO Capital

Ford Motor (F) nitiated with Market Perform at BMO Capital

NIKE (NKE) target lowered to $65 at Telsey Advisory Group

Boeing (BA) initiated with a Buy at Seaport Global Securities; target $180

Alphabet (GOOG) initiated with a Buy at Aegis Capital; target $980