UPGRADES
Sierra Wireless SWIR Avondale Partners Mkt Perform » Mkt Outperform
Novatel Wireless NVTL Avondale Partners Mkt Perform » Mkt Outperform
AbitibiBowater ABH DA Davidson Underperform » Neutral
Optimal Group OPMR B. Riley & Co Neutral » Buy
Corn Products CPO BB&T Capital Mkts Hold » Buy
NFJ Dividend, Interest and Premium Strategy Fund NFJ Stifel Nicolaus Hold » Buy
Nuveen Equity Premium Opportunity Fund JSN Stifel Nicolaus Hold » Buy
Eaton Vance Enhanced Equity Fund II EOS Stifel Nicolaus Hold » Buy
eSpeed ESPD Sandler O’Neill Hold » Buy
United Dominion UDR Keefe Bruyette Mkt Perform » Outperform
Rochester Medical ROCM Northland Securities Market Perform » Outperform
China Finance Online JRJC Brean Murray Hold » Buy
Workstream WSTM Roth Capital Hold » Buy
Hutchinson HTCH Caris & Company Below Average » Average
Quintana Maritime QMAR Oppenheimer Sell » Neutral
Trico Marine Services TRMA Jefferies & Co Hold » Buy
Siliconware Precision SPIL HSBC Securities Neutral » Overweight
Allstate ALL Citigroup Hold » Buy
Horace Mann HMN Banc of America Sec Neutral » Buy
Career Education CECO BMO Capital Markets Market Perform » Outperform
Hercules HPC Bear Stearns Peer Perform » Outperform
Christopher & Banks CBK Sun Trust Rbsn Humphrey Neutral » Buy
Danaher DHR Bear Stearns Peer Perform » Outperform
Martha Stewart MSO Morgan Joseph Hold » Buy
Delek US Holdings DK HSBC Securities Underweight » Neutral
Audiocodes AUDC Susquehanna Financial Neutral » Positive
Archer-Daniels ADM Credit Suisse Underperform » Neutral
Camden Property CPT Credit Suisse Neutral » Outperform
Assured Guaranty AGO JP Morgan Underweight » Neutral
Northrop Grumman NOC UBS Neutral » Buy
UBS AG UBS JP Morgan Neutral » Overweight
Sun Microsystems JAVA Bernstein Underperform » Mkt Perform
Mediacom Comm MCCC Citigroup Hold » Buy
Lululemon Athletica LULU UBS Sell » Neutral
UnitedHealth UNH UBS Neutral » Buy
Marshall & Ilsley MI JP Morgan Underweight » Neutral
Sysco SYY JP Morgan Neutral » Overweight
Performance Food PFGC Wachovia Mkt Perform » Outperform
DOWNGRADES
IndyMac Banc IMB RBC Capital Mkts Outperform » Sector Perform
Cognizant Tech CTSH RBC Capital Mkts Outperform » Sector Perform
Res-Care RSCR First Analysis Sec Overweight » Equal-Weight
Kinross Gold KGC UBS Buy » Neutral
Mueller Water B MWA.B Brean Murray Buy » Hold
Capital One COF Keefe Bruyette Outperform » Mkt Perform
Post Properties PPS Keefe Bruyette Mkt Perform » Underperform
AvalonBay AVB Keefe Bruyette Outperform » Mkt Perform
Quicksilver Resrcs KWK BMO Capital Markets Outperform » Market Perform
Veraz Networks VRAZ Jefferies & Co Buy » Hold
Immunicon IMMC Caris & Company Above Average » Average
Forest Oil FST Jefferies & Co Buy » Hold
iBasis IBAS Jefferies & Co Buy » Hold
Momenta Pharma MNTA Deutsche Securities Buy » Hold
Campbell Soup CPB Banc of America Sec Buy » Neutral
Wachovia WB Sandler O’Neill Buy » Hold
Magna MGA RBC Capital Mkts Outperform » Sector Perform
CollaGenex Pharm CGPI Jefferies & Co Buy » Hold
Expeditors Intl EXPD Robert W. Baird Outperform » Neutral
SiRF Technology SIRF RBC Capital Mkts Outperform » Sector Perform
Innovative Solutions ISSC Boenning & Scattergood Market Outperform » Market Perform
Tongjitang Chinese Medic TCM CIBC Wrld Mkts Sector Outperform » Sector Perform
Telesp Part Adr TSP JP Morgan Neutral » Underweight
Performance Food PFGC JP Morgan Overweight » Underweight
PetroChina PTR Credit Suisse Neutral » Underperform
Omnicom OMC Banc of America Sec Buy » Sell
Interpublic IPG Banc of America Sec Buy » Neutral
Credence CMOS Citigroup Hold » Sell
CBL & Assoc CBL JP Morgan Overweight » Neutral
Jamba JMBA Rochdale Securities Buy » Hold
Delia*s DLIA Rochdale Securities Buy » Hold
Momenta Pharma MNTA Rodman & Renshaw Mkt Outperform » Mkt Perform
Cytogen CYTO Rodman & Renshaw Mkt Outperform » Mkt Perform
IndyMac Banc IMB Friedman Billings Mkt Perform » Underperform
Charlotte Russe CHIC Friedman Billings Outperform » Mkt Perform
PeopleSupport PSPT Friedman Billings Outperform » Mkt Perform
