Upgrades
Kendle (KNDL)- First Analysis Sec Equal-Weight » Overweight
EMC Corp (EMC)- Cowen & Co Neutral » Outperform
AthenaHealth (ATHN)- Piper Jaffray Neutral » Buy
Kendle (KNDL)- Jefferies & Co Hold » Buy
Brinks (BCO)- Jefferies & Co Hold » Buy
Home Inns (HMIN )- Susquehanna Financial Neutral » Positive
MasterCard (MA)- Credit Suisse Underperform » Neutral
Repsol SA (REP)- Bear Stearns Peer Perform » Outperform
Occidental Petro (OXY)- Oppenheimer Perform » Outperform
OmniVision (OVTI)- Jefferies & Co Hold » Buy
Rite Aid (RAD)- JP Morgan Neutral » Overweight
Quantum DLT (QTM)- JP Morgan Underweight » Neutral
Marketaxess (MKTX)- Banc of America Sec Sell » Neutral
Maguire Properties (MPG)- Banc of America Sec Sell » Neutral
Hutchinson (HTCH)- JP Morgan Underweight » Neutral
PG&E (PCG)- JP Morgan Neutral » Overweight
NSTAR (NST)- UBS Neutral » Buy
Demandtec (DMAN)- JMP Securities Mkt Outperform » Strong Buy
Teradyne (TER)- Oppenheimer Perform » Outperform
Downgrades
World Wrestling (WWE)- B. Riley & Co Buy » Neutral
Granite City Food & Brewery (GCFB)- Feltl & Co. Strong Buy » Hold
Steel Dynamics (STLD)- UBS Buy » Neutral
Gerdau AmeriSteel (GNA)- UBS Buy » Neutral
Ryder System (R)- Stifel Nicolaus Buy » Hold
Del Monte (DLM)- Wachovia Outperform » Mkt Perform
Novo-Nordisk A/S (NVO)- Bear Stearns Outperform » Peer Perform
Automatic Data (ADP)- Banc of America Sec Buy » Neutral
Paychex (PAYX)- Banc of America Sec Buy » Neutral
Cott COT (UBS)- Buy » Neutral
Disclosure (“none” means no position):
