Upgrades
Take-Two (TTWO)- Sterne Agee Sell » Hold
CoStar Group (CSGP)- Needham & Co Buy » Strong Buy
Penn Natl Gaming (PENN)- Brean Murray Hold » Buy
Juniper Networks (JNPR)- RBC Capital Mkts Sector Perform » Outperform
Semgroup Energy (SGLP)- Citigroup Hold » Buy
Citizens Rep Bancorp (CRBC)- JP Morgan Underweight » Neutral
Lloyds TSB plc (LYG)- Lehman Brothers Equal-weight » Overweight
Mechel Steel (MTL)- Deutsche Securities Hold » Buy
ESS Tech (ESST)- Jefferies & Co Underperform » Hold
YUM! Brands (YUM)- UBS Neutral » Buy
Hain Celestial (HAIN)- UBS Neutral » Buy
DTS (DTSI)- Deutsche Securities Hold » Buy
Genentech (DNA)- Rodman & Renshaw Mkt Perform » Mkt Outperform
Downgrades
Roper Inds (ROP)- Sterne Agee Hold » Sell
Calgon Carbon (CCC)- Brean Murray Buy » Hold
Sunstone Hotel (SHO)- Stifel Nicolaus Buy » Hold
LaSalle Hotel (LHO)- Stifel Nicolaus Buy » Hold
Hersha Hospitality Trust (HT)- Stifel Nicolaus Buy » Hold
MEMC Elec (WFR)- JMP Securities Mkt Outperform » Mkt Perform
Syntel (SYNT)- Wachovia Outperform » Mkt Perform
Medicure (MCU)- Merriman Curhan Ford Buy » Neutral
Glimcher Realty (GRT)- RBC Capital Mkts Sector Perform » Underperform
Aventine Renewable Energy (AVR)- Soleil Hold » Sell
SPX Corp (SPW)- JP Morgan Overweight » Neutral
Motorola (MOT)- Oppenheimer Outperform » Perform
Borg Warner (BWA)- Deutsche Securities Buy » Hold
General Motors (GM)- Deutsche Securities Buy » Hold
Smith Micro Software (SMSI)- JP Morgan Overweight » Neutral
Peabody Energy (BTU)- UBS Buy » Neutral
Alpha Natural Resources (ANR)- UBS Buy » Neutral
James River Coal (JRCC)- UBS Buy » Neutral
New York Times (NYT)- Deutsche Securities Hold » Sell
Disclosure (“none” means no position):
