UPGRADES
Domtar UFS Citigroup Hold » Buy
Netflix NFLX Wedbush Morgan Hold » Buy
China Petroleum (Sinopec) SNP Citigroup Sell » Buy
Georgia Gulf GGC UBS Neutral » Buy
MicroStrategy MSTR Sun Trust Rbsn Humphrey Neutral » Buy
Keithley KEI Brean Murray Sell » Buy
bebe stores BEBE Brean Murray Sell » Buy
Waddell & Reed WDR Credit Suisse Neutral » Outperform
Talisman Energy TLM Credit Suisse Neutral » Outperform
Longs Drug LDG Lehman Brothers Equal-weight » Overweight
Novellus NVLS RBC Capital Mkts Sector Perform » Outperform
Immunogen IMGN RBC Capital Mkts Sector Perform » Outperform
Banco Santander Central STD UBS Neutral » Buy
Annaly Mortgage NLY UBS Neutral » Buy
Agrium AGU CIBC Wrld Mkts Sector Perform » Sector Outperform
DOWNGRADES
Strategic Hotels & Resorts BEE UBS Buy » Neutral
Buckeye Tech BKI Citigroup Hold » Sell
Mediacom Comm MCCC Pali Research Neutral » Sell
Boeing BA Bernstein Outperform » Mkt Perform
Salesforce.com CRM Cantor Fitzgerald Buy » Hold
Manhattan Assoc MANH Cantor Fitzgerald Buy » Hold
Taleo TLEO Cantor Fitzgerald Buy » Hold
Dexcom DXCM Lazard Capital Hold » Sell
Vital Images VTAL Needham & Co Buy » Hold
Coldwater Creek CWTR Stanford Research Buy » Hold
Dril-Quip DRQ UBS Neutral » Sell
CNET CNET Stifel Nicolaus Buy » Hold
BEA Systems BEAS Citigroup Buy » Hold
China Telecom CHA Bear Stearns Peer Perform » Underperform
BEA Systems BEAS Bear Stearns Outperform » Peer Perform
BJ’s Wholesale BJ Banc of America Sec Neutral » Sell
PETsMART PETM Credit Suisse Outperform » Neutral
Office Depot ODP Credit Suisse Outperform » Neutral
EnCana ECA Credit Suisse Outperform » Neutral
Canadian Natrl Res CNQ Credit Suisse Outperform » Neutral
Calamos Asset CLMS Credit Suisse Outperform » Neutral
Bioscrip BIOS Broadpoint Capital Buy » Neutral
Bankunited Fin BKUNA JP Morgan Overweight » Neutral
Coldwater Creek CWTR Stifel Nicolaus Buy » Hold
Seattle Genetics SGEN RBC Capital Mkts Outperform » Sector Perform
KB Home KBH UBS Buy » Neutral
Cognos COGN UBS Buy » Neutral
