Upgrades
UnionBanCal (UB)- Punk, Ziegel & Co Mkt Perform » Buy
JA Solar (JASO)- Needham & Co Buy » Strong Buy
Unisource Energy (UNS)- Soleil Hold » Buy
Leap Wireless (LEAP)- Wachovia Underperform » Mkt Perform
Millennium Pharm (MLNM)- Piper Jaffray Neutral » Buy
Humana (HUM)- UBS Sell » Neutral
JA Solar (JASO)- Lehman Brothers Equal-weight » Overweight
NIDEC (NJ)- JP Morgan Neutral » Overweight
GSI Commerce (GSIC)- Jefferies & Co Hold » Buy
Wimm-Bill-Dann Foods (WBD)- Credit Suisse Neutral » Outperform
Monsanto (MON)- Banc of America Sec Neutral » Buy
AstraZeneca (AZN)- UBS Sell » Neutral
Downgrades
Hot Topic (HOTT)- BB&T Capital Mkts Buy » Hold
Raven Industries (RAVN)- Dougherty & Company Buy » Neutral
Sigma Designs (SIGM)- BWS Financial Strong Buy » Hold
Orbcomm (ORBC)- Oppenheimer Outperform » Perform
Glu Mobile (GLUU)- Deutsche Securities Hold » Sell
PNC Bank (PNC)- Keefe Bruyette Outperform » Mkt Perform
Fed Investors (FII)- UBS Buy » Neutral
