Upgrades
TravelCenters of America (TA)- Ferris Baker Watts Neutral » Buy
AstraZeneca (AZN)- Citigroup Hold » Buy
Forest Oil (FST)- Jefferies & Co Hold » Buy
Fifth Third (FITB)- Morgan Keegan Underperform » Mkt Perform
Packeteer (PKTR)- Merriman Curhan Ford Neutral » Buy
China Mobile (CHL)- Deutsche Securities Hold » Buy
Vodafone PLC (VOD)- Bear Stearns Peer Perform » Outperform
Pharmasset (VRUS)- UBS Neutral » Buy
RadNet (RDNT)- Morgan Keegan Mkt Perform » Outperform
Downgrades
Innovative Card (INVC)- Feltl & Co. Hold » Sell
ISTA Pharm (ISTA)- Punk, Ziegel & Co Mkt Perform » Sell
North Valley Bancorp (NOVB)- Sandler O’Neill Hold » Sell
Nara Bancorp (NARA)- Sandler O’Neill Buy » Hold
JB Hunt Trans (JBHT)- Stifel Nicolaus Buy » Hold
SCBT Financial (SCBT)- FTN Midwest Buy » Neutral
Expeditors Intl (EXPD)- UBS Buy » Neutral
Inland Real Estate (IRC)- Wachovia Mkt Perform » Underperform
China Unicom (CHU)- Deutsche Securities Hold » Sell
CSK Auto (CAO)- Deutsche Securities Buy » Hold
Dick’s Sporting Goods (DKS)- UBS Buy » Neutral
Quintana Maritime (QMAR)- Bear Stearns Outperform » Peer Perform
LM Ericsson (ERIC)- HSBC Securities Overweight » Neutral
State Street (STT)- Keefe Bruyette Outperform » Mkt Perform
AstraZeneca (AZN)- HSBC Securities Overweight » Neutral
I-TRAX (DMX)- Friedman Billings Outperform » Mkt Perform
AFLAC (AFL)- UBS Buy » Neutral
Ram Holdings (RAMR)- Banc of America Sec Buy » Neutral
Crocs (CROX)- JP Morgan Overweight » Neutral
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