Upgrades
Kimco Realty (KIM)- Deutsche Securities Hold » Buy
Dawson Geophys. (DWSN)- CapitalOne southcoast Hold » Buy
Mechel Steel (MTL)- Credit Suisse Neutral » Outperform
Power Integrations (POWI)- Needham & Co Buy » Strong Buy
Genomic Health (GHDX)- RBC Capital Mkts Sector Perform » Outperform
Thornburg Mortg (TMA)- Credit Suisse Underperform » Neutral
Commvault Systems (CVLT)- Robert W. Baird Neutral » Outperform
Celanese (CE)- UBS Neutral » Buy
Sirona Dental Systems (SIRO)- Banc of America Sec Neutral » Buy
Principal Fincl (PFG)- UBS Sell » Neutral
Universal Technical Institute (UTI)- JP Morgan Underweight » Neutral
Pioneer Natural (PXD)- Citigroup Hold » Buy
Danaher (DHR)- Deutsche Securities Hold » Buy
Downgrades
O’Charley’s (CHUX)- Morgan Keegan Outperform » Mkt Perform
Saba Software (SABA)- Wedbush Morgan Buy » Hold
Taleo (TLEO)- Wedbush Morgan Buy » Hold
Sepracor (SEPR)- AmTech Research Neutral » Sell
Casual Male (CMRG)- RBC Capital Mkts Outperform » Sector Perform
Select Comfort (SCSS)- Morgan Keegan Mkt Perform » Underperform
Aruba Networks (ARUN)- Caris & Company Above Average » Average
Nalco (NLC)- JP Morgan Overweight » Neutral
CPI International (CPII)- Bear Stearns Outperform » Peer Perform
Cisco Systems (CSCO)- JP Morgan Overweight » Neutral
BT Group (PLC)- BT Bear Stearns Outperform » Peer Perform
Elbit Systems (ESLT)- UBS Buy » Neutral
Virgin Mobile USA (VM )- Lehman Brothers Overweight » Equal-weight
XL Capital (XL)- JP Morgan Overweight » Neutral
Cisco Systems (CSCO)- Robert W. Baird Outperform » Neutral
Polo Ralph Lauren (RL)- Citigroup Buy » Hold
Regal-Beloit (RBC)- Deutsche Securities Buy » Hold
