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Financial Sector:


Raymond James upgrades E Trade Financial (ETFC +0.1%) to Outperform and set $24PT.
Baird cuts its rating on American Realty Capital Properties (ARCP -1.2%) from Outperform to Neutral and set $15PT.
Bank of America downgrades Deutsche Bank (DB -1.6%) to Underperform.
Credit Suisse downgrades Fulton Financial (FULT +2.8%) to $14 Market Perform and set $14PT.
Genworth Financial is downgraded by Morgan Stanley (GNW -0.5%) to Underweight and set $18PT.