Upgrades
amer Italian Pasta (AITP)- DA Davidson Underperform » Neutral
Cott (COT)- CIBC Wrld Mkts Sector Perform » Sector Outperform
Western Digital (WDC)- Caris & Company Average » Above Average
Healthways (HWAY )- Stifel Nicolaus Hold » Buy
AXT Inc (AXTI)- Roth Capital Hold » Buy
Medarex (MEDX)- BMO Capital Markets Underperform » Market Perform
Brasil Telecom Part (BRP)- UBS Neutral » Buy
SuperGen (SUPG)- Susquehanna Financial Negative » Neutral
Xilinx (XLNX)- UBS Neutral » Buy
Overseas Shipholding (OSG)- Bear Stearns Peer Perform » Outperform
Tenet Healthcare (THC)- Jefferies & Co Underperform » Hold
Telefonica S.A. (TEF)- UBS Neutral » Buy
Downgrades
Take-Two (TTWO )- Janco Partners Buy » Mkt Perform
Boardwalk Pipeline (BWP)- Morgan Keegan Outperform » Mkt Perform
Cott COT (BMO)- Capital Markets Market Perform » Underperform
O2Micro (OIIM)- Wedbush Morgan Buy » Hold $10
Greenbrier Comp (GBX)- Longbow Buy » Neutral
Carter Holdings (CRI)- Sterne Agee Buy » Hold
Autodesk (ADSK)- Needham & Co Buy » Hold
SPSS Inc (SPSS)- Roth Capital Buy » Hold
Ceradyne (CRDN)- Morgan Joseph Buy » Hold
Orthofix (OFIX)- Susquehanna Financial Positive » Neutral
Golar LNG (GLNG)- Friedman Billings Outperform » Mkt Perform
CollaGenex Pharm (CGPI)- BMO Capital Markets Outperform » Market Perform
NovaGold Resources (NG )- RBC Capital Mkts Sector Perform » Underperform
K-Swiss (KSWS)- Susquehanna Financial Neutral » Negative
Bill Barrett (BBG)- Sun Trust Rbsn Humphrey Buy » Neutral
Yingli Green Energy (YGE)- Banc of America Sec Buy » Neutral
Solarfun Power (SOLF)- Banc of America Sec Neutral » Sell
JA Solar (JASO)- Banc of America Sec Buy » Neutral
Trina Solar (TSL)- Banc of America Sec Buy » Sell
Chesapeake Energy (CHK)- Citigroup Buy » Hold
Quicksilver Resrcs (KWK)- Citigroup Buy » Hold
EOG Resources (EOG)- Citigroup Buy » Hold
SW Energy (SWN)- Citigroup Buy » Hold
Golar LNG (GLNG)- Jefferies & Co Buy » Hold
Barrick Gold (ABX)- Credit Suisse Outperform » Neutral
Ultra Petroleum (UPL)- JP Morgan Overweight » Neutral
CollaGenex Pharm (CGPI)- Rodman & Renshaw Mkt Outperform » Mkt Perform
