Upgrades
Smith Micro Software (SMSI)- Northland Securities Market Perform » Outperform
Canadian Solar (CSIQ)- Broadpoint Capital Neutral » Strong Buy
Endo Pharm (ENDP)- Roth Capital Hold » Buy
CSG Systems (CSGS)- BMO Capital Markets Underperform » Market Perform
Alum. Corp China (ACH)- Credit Suisse Underperform » Neutral
ICICI Bank (IBN)- HSBC Securities Underweight » Neutral
Kilroy Realty (KRC)- RBC Capital Mkts Sector Perform » Outperform
SL Green Rlty (SLG)- RBC Capital Mkts Sector Perform » Outperform
Boston Prpts (BXP)- RBC Capital Mkts Sector Perform » Outperform
Corp Office Props (OFC)- RBC Capital Mkts Sector Perform » Outperform
ProLogis (PLD)- RBC Capital Mkts Outperform » Top Pick
Digital Realty Trust (DLR)- RBC Capital Mkts Outperform » Top Pick
China Unicom (CHU)- Credit Suisse Neutral » Outperform
DISH Network (DISH)- Credit Suisse Underperform » Neutral
Tenaris (TS)- Credit Suisse Underperform » Neutral
Forward Air (FWRD )- Robert W. Baird Neutral » Outperform
Fluor (FLR)- Citigroup Hold » Buy
McDermott (MDR)- Citigroup Hold » Buy
Downgrades
AmeriCredit (ACF)- Sun Trust Rbsn Humphrey Buy » Neutral
Schnitzer Steel (SCHN)- Longbow Buy » Neutral
Zumiez (ZUMZ)- Susquehanna Financial Positive » Neutral
Marchex (MCHX)- Stanford Research Buy » Hold
S M & A Corp (WINS)- Roth Capital Buy » Hold
Coldwater Creek (CWTR)- Roth Capital Buy » Hold
NOVA Chemicals (NCX)- BMO Capital Markets Outperform » Market Perform
BioMed Realty (BMR)- RBC Capital Mkts Outperform » Sector Perform
Maguire Properties (MPG)- RBC Capital Mkts Sector Perform » Underperform
First Potomac Realty (FPO)- RBC Capital Mkts Sector Perform » Underperform
Duke Realty (DRE)- RBC Capital Mkts Outperform » Underperform
Brandywine Realty (BDN)- RBC Capital Mkts Outperform » Underperform
Zumiez (ZUMZ)- Piper Jaffray Buy » Neutral
China Netcom (CN)- Credit Suisse Outperform » Neutral
MFA Mortgage (MFA)- Keefe Bruyette Outperform » Mkt Perform
Anworth Mortgage (ANH)- Keefe Bruyette Outperform » Mkt Perform
Saks (SKS)- Banc of America Sec Buy » Neutral
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