UPGRADES
FTD Group FTD Matrix Research Buy » Strong Buy
Unilever PLC UL Lehman Brothers Underweight » Equal-weight
Gateway GTW Citigroup Sell » Hold
MeadWestvaco MWV Credit Suisse Neutral » Outperform
Prudential PRU Credit Suisse Neutral » Outperform
Merck MRK Banc of America Sec Neutral » Buy
Thornburg Mortg TMA Piper Jaffray Underperform » Market Perform
Infineon IFX Lehman Brothers Equal-weight » Overweight
Thornburg Mortg TMA Deutsche Securities Sell » Hold
DOWNGRADES
Syntax-Brillian BRLC Canaccord Adams Buy » Hold
American Community Bancshares ACBA Stifel Nicolaus Buy » Hold
Syntax-Brillian BRLC Collins Stewart Buy » Market Perform
STMicroelectronics STM Lehman Brothers Overweight » Underweight
PepsiAmericas PAS HSBC Securities Neutral » Underweight
Buckeye Tech BKI Citigroup Buy » Hold
Biogen Idec BIIB UBS Neutral » Sell