Upgrades
Methanex (MEOH)- Canaccord Adams Sell » Hold
UBS AG (UBS)- Keefe Bruyette Underperform » Mkt Perform
ArthroCare (ARTC)- Needham Buy » Strong Buy
DivX (DIVX)- Barrington Research Mkt Perform » Outperform
FLIR Systems (FLIR)- Boenning & Scattergood Market Perform » Market Outperform
America Movil SA (AMX)- Deutsche Securities Hold » Buy
EW Scripps (SSP)- Lehman Brothers Underweight » Overweight
VNUS Medical Tech (VNUS)- Roth Capital Hold » Buy
Ross Stores (ROST)- Piper Jaffray Neutral » Buy
Cost Plus (CPWM)- JMP Securities Mkt Underperform » Mkt Perform
Salesforce.com (CRM)- Jefferies & Co Hold » Buy
Level 3 (LVLT)- Wachovia Underperform » Mkt Perform
First Marblehead (FMD)- Friedman Billings Underperform » Mkt Perform
Downgrades
Network Appliance (NTAP)- Caris & Company Buy » Average
Advanced Analogic Tech (AATI)- Needham Strong Buy » Buy
FMC Tech (FTI)- Stifel Nicolaus Buy » Hold
Corn Products (CPO)- BB&T Capital Mkts Buy » Hold
Ashland (ASH)- Susquehanna Financial Positive » Neutral
Goldman Sachs (GS)- Ladenburg Thalmann Neutral » Sell
CDC Corp (CHINA)- Piper Jaffray Buy » Neutral
American Electric (AEP)- Jefferies & Co Buy » Hold
Barclays PLC (BCS)- Lehman Brothers Overweight » Equal-Weight
Merrill Lynch (MER)- Ladenburg Thalmann Neutral » Sell
Lehman Brothers (LEH)- Ladenburg Thalmann Neutral » Sell
