Key Calls (Monday): Upgrades, Downgrades & Initiations

Via Bloomberg Circor (CIR) raised to buy at Stifel, PT $68 Ensign Energy Services (ESI CN) raised to outperform at Raymond James Knight Transport (KNX) raised to outperform at Baird, PT $36 McDonald's (MCD) raised to outperform at Wells Fargo S&P Global (SPGI) raised to outperform at Raymond James, PT $143 Valmont (VMI) raised to buy at Stifel, PT $167 Ability (ABIL) cut to market perform at FBR Incyte (INCY) cut to neutral at Piper Jaffray KKR (KKR) cut to neutral at Citi Li

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