UPGRADES
Hub Group HUBG Stifel Nicolaus Hold » Buy
Equinix EQIX Kaufman Bros Hold » Buy
Equinix EQIX CIBC Wrld Mkts Sector Perform » Sector Outperform
LECG Corp XPRT William Blair Underperform » Mkt Perform
Tenneco TEN Wachovia Mkt Perform » Outperform
Novavax NVAX Oppenheimer Neutral » Buy
Energizer ENR Bear Stearns Underperform » Peer Perform
Ritchie Bros. RBA RBC Capital Mkts Sector Perform » Outperform
Franklin Bank Corp FBTX JP Morgan Underweight » Neutral
Sunpower SPWR RBC Capital Mkts Sector Perform » Outperform
McKesson MCK Citigroup Hold » Buy
TAM S.A. TAM Citigroup Hold » Buy
Teva Pharm TEVA Friedman Billings Mkt Perform » Outperform
Post Properties PPS KeyBanc Capital Mkts Underweight » Hold
DOWNGRADES
Lexicon Pharma LXRX RBC Capital Mkts Outperform » Sector Perform
Maxwell Tech MXWL Needham & Co Buy » Hold
AMEDISYS AMED Stifel Nicolaus Buy » Hold
Yamana Gold AUY UBS Buy » Neutral
Pinnacle West PNW JP Morgan Neutral » Underweight
Pacer Intl PACR KeyBanc Capital Mkts Buy » Hold
Blue Coat BCSI Roth Capital Buy » Hold
Estee Lauder EL UBS Neutral » Sell
LCA Vision LCAV Oppenheimer Buy » Neutral
SumTotal SUMT JMP Securities Strong Buy » Mkt Outperform
Maxwell Tech MXWL JMP Securities Mkt Perform » Mkt Underperform
Shutterfly SFLY Jefferies & Co Buy » Hold
LodgeNet LNET Bear Stearns Outperform » Peer Perform
CF Industries CF Banc of America Sec Buy » Neutral
GPC Biotech GPCB Deutsche Securities Hold » Sell
Qwest Q JP Morgan Overweight » Neutral
Beckman Coulter BEC RBC Capital Mkts Outperform » Sector Perform
LDK Solar LDK Piper Jaffray Outperform » Market Perform
Vital Images VTAL CIBC Wrld Mkts Sector Outperform » Sector Perform
Qwest Q CIBC Wrld Mkts Sector Outperform » Sector Perform
Las Vegas Sands LVS Lehman Brothers Overweight » Equal-weight
Pacer Intl PACR JP Morgan Overweight » Neutral
Akamai Tech AKAM Deutsche Securities Buy » Hold
Bemis BMS Deutsche Securities Buy » Hold
