Upgrades
Medarex (MEDX)- RBC Capital Mkts Underperform » Sector Perform
Midas (MDS)- BB&T Capital Mkts Hold » Buy
WebMD Health (WBMD)- Citigroup Hold » Buy
NVIDIA (NVDA)- JMP Securities Mkt Perform » Mkt Outperform
Frontier Oil (FTO)- Bear Stearns Underperform » Peer Perform
Adobe Systems (ADBE)- Jefferies & Co Underperform » Hold
Amylin Pharms (AMLN)- Lehman Brothers Underweight » Equal-Weight
Progressive (PGR)- Lehman Brothers Underweight » Equal-Weight
Royal Bank of Scotland (RBS)- Credit Suisse Underperform » Neutral
Alaska Comms (ALSK)- Banc of America Sec Neutral » Buy
Downgrades
Iowa Telecom (IWA)- Soleil Buy » Hold
Entercom (ETM)- Stanford Research Buy » Hold
Edenor (EDN)- Citigroup Buy » Hold
Basic Energy Services (BAS)- UBS Buy » Neutral
OmniVision (OVTI)- Oppenheimer Outperform » Perform
Exelon (EXC)- Citigroup Buy » Hold
Lloyds TSB plc (LYG)- Credit Suisse Neutral » Underperform
