Upgrades
Buffalo Wild Wings (BWLD)- SMH Capital Sell » Buy
FCStone (FCSX)- BMO Capital Markets Market Perform » Outperform
Mercantile Bank (MBWM)- Stifel Nicolaus Hold » Buy
Getty Realty Corp. (GTY)- Stifel Nicolaus Sell » Hold
Imclone (IMCL)- Citigroup Hold » Buy
Bill Barrett (BBG)- Wachovia Mkt Perform » Outperform
Seattle Genetics (SGEN)- RBC Capital Mkts Sector Perform » Outperform
National City (NCC)- RBC Capital Mkts Underperform » Sector Perform
Bunge (BG)- JP Morgan Neutral » Overweight
Massey Energy (MEE)- JP Morgan Underweight » Neutral
International Coal (ICO)- JP Morgan Underweight » Neutral
Sanderson Farms (SAFM)- JP Morgan Neutral » Overweight
Tyson Foods (TSN)- JP Morgan Underweight » Neutral
AstraZeneca (AZN)- HSBC Securities Neutral » Overweight
Countrywide (CFC)- Wachovia Underperform » Mkt Perform
Boardwalk Pipeline (BWP)- Wachovia Mkt Perform » Outperform
Helicos BioSciences (HLCS)- UBS Sell » Neutral
Downgrades
Nucor (NUE)- Longbow Buy » Neutral
Home Depot (HD)- Morgan Keegan Mkt Perform » Underperform
Monster Worldwide (MNST)- JP Morgan Overweight » Neutral
Radyne (RADN)- Roth Capital Buy » Hold
priceline.com (PCLN)- Susquehanna Financial Positive » Neutral
Lamar Advertising (LAMR)- JP Morgan Neutral » Underweight
InterNAP (INAP)- Merriman Curhan Ford Buy » Neutral
Sara Lee (SLE)- JP Morgan Overweight » Neutral
Kraft Foods (KFT)- JP Morgan Overweight » Neutral
Disclosure (“none” means no position):