Upgrades
Adobe Systems (ADBE)- Kaufman Bros Hold » Buy
Team (TISI)- BB&T Capital Mkts Hold » Buy
Advent Software (ADVS)- Deutsche Securities Hold » Buy
Boston Scientific (BSX)- Stanford Research Hold » Buy
JDS Uniphase (JDSU)- BMO Capital Markets Market Perform » Outperform
Perot Systems (PER)- RBC Capital Mkts Underperform » Sector Perform
Expedia (EXPE)- Credit Suisse Neutral » Outperform
Boston Scientific (BSX)- Citigroup Sell » Hold
Genomic Health (GHDX)- Cantor Fitzgerald Hold » Buy
Teekay Shipping (TK)- Citigroup Sell » Hold
Estee Lauder (EL)- Lehman Brothers Underweight » Equal-weight
American Tower (AMT)- UBS Neutral » Buy
Crown Castle (CCI)- UBS Neutral » Buy
Duke Realty (DRE0- Banc of America Sec Sell » Neutral
Thornburg Mortg (TMA)- Jefferies & Co Hold » Buy
Downgrades
AMERCO (UHAL)- CL King Accumulate » Neutral
Neustar (NSR)- Robert W. Baird Outperform » Neutral
Cheesecake Factory (CAKE)- William Blair Outperform » Mkt Perform
USANA (USNA)- Canaccord Adams Buy » Hold
Riverbed Technology (RVBD)- Needham & Co Buy » Hold
Neustar (NSR)- Bear Stearns Outperform » Peer Perform
Yahoo! (YHOO)- BMO Capital Markets Outperform » Market Perform
Cheesecake Factory (CAKE)- FTN Midwest Buy » Neutral
FormFactor (FORM)- Piper Jaffray Buy » Neutral
Harman (HAR)- Credit Suisse Outperform » Neutral
Quest Software (QSFT)- RBC Capital Mkts Outperform » Sector Perform
RadiSys (RSYS)- Cantor Fitzgerald Buy » Hold
Allis-Chalmers Energy (ALY)- Wachovia Outperform » Mkt Perform
FormFactor (FORM)- Broadpoint Capital Buy » Neutral
General Motors (GM)- Bear Stearns Peer Perform » Underperform
Ford Motor (F)- Bear Stearns Outperform » Peer Perform
Regions Fincl (RF)- Citigroup Hold » Sell
Clorox (CLX)- Lehman Brothers Equal-weight » Underweight
National Financial Partners (NFP)- Banc of America Sec Buy » Neutral
Disclosure (“none” means no position):
