Upgrades
RC2 (RCRC)- Wedbush Morgan Hold » Buy
Signature Bank (SBNY)- FTN Midwest Neutral » Buy
Premiere Glbl Svcs (PGI)- Stanford Research Hold » Buy
Holly (HOC)- BMO Capital Markets Market Perform » Outperform
Meritage (MTH)- UBS Neutral » Buy
Lukoil (LUKOY)- Citigroup Hold » Buy
Trico Marine Services (TRMA)- Lehman Brothers Equal-weight » Overweight
Downgrades
Wal-Mart (WMT )- BMO Capital Markets Outperform » Market Perform
Thermage (THRM)- Leerink Swann Outperform » Mkt Perform
TradeStation (TRAD)- Fox Pitt Outperform » In Line
Verizon (VZ)- Credit Suisse Outperform » Neutral
Veraz Networks (VRAZ)- Credit Suisse Outperform » Neutral
Horsehead Holding (ZINC)- BMO Capital Markets Outperform » Market Perform
Hibbett Sporting (HIBB)- Stifel Nicolaus Hold » Sell
IDM Pharma (IDMI)- Rodman & Renshaw Mkt Perform » Mkt Underperform
Alon USA Energy (ALJ)- BMO Capital Markets Market Perform » Underperform
KeyCorp (KEY )- RBC Capital Mkts Sector Perform » Underperform
Veraz Networks (VRAZ)- Cantor Fitzgerald Buy » Hold
Nutrisystem (NTRI)- Broadpoint Capital Buy » Neutral
Comcast (CMCSA)- Credit Suisse Outperform » Neutral
Coca-Cola FEMSA (KOF)- Citigroup Buy » Hold
Limelight Networks (LLNW)- Oppenheimer Outperform » Perform
Watsco (WSO)- Oppenheimer Outperform » Perform
AT&T (T)- Credit Suisse Outperform » Neutral
AT&T (T)- Robert W. Baird Outperform » Neutral
PPG Industries (PPG)- Citigroup Buy » Hold
Gol Intelligent Airlines (GOL)- Avondale Partners Mkt Perform » Mkt Underperform
Disclosure (“none” means no position):
