UPGRADES
Flow FLOW Northland Securities Market Perform » Outperform
EMC Corp EMC Caris & Company Above Average » Buy
Dionex DNEX Matrix Research Sell » Hold
Synovus SNV Bernstein Mkt Perform » Outperform
Adolor ADLR Brean Murray Sell » Hold
Cognizant Tech CTSH Bernstein Mkt Perform » Outperform
GSI Commerce GSIC Jefferies & Co Hold » Buy
Skechers USA SKX BB&T Capital Mkts Hold » Buy
Gentiva Health Svcs GTIV BB&T Capital Mkts Hold » Buy
DOWNGRADES
Investors Bancorp ISBC Janney Mntgmy Scott Buy » Neutral
Smith Intl SII CapitalOne southcoast Buy » Hold
Macrovision MVSN Jefferies & Co Buy » Hold
Industrias Bachoco SA IBA Citigroup Buy » Hold
Agnico-Eagle Mines AEM UBS Buy » Neutral
Wimm-Bill-Dann Foods WBD UBS Buy » Sell