Upgrades
Gymboree (GYMB)- Wedbush Morgan Buy » Strong Buy
Pinnacle Finl (PNFP)- Janney Mntgmy Scott Neutral » Buy
Key Energy (KEG)- Banc of America Sec Neutral » Buy
RadNet (RDNT)- Stanford Research Hold » Buy
Zumiez (ZUMZ)- Piper Jaffray Neutral » Buy
Fedrl Rlty Inv Trst (FRT)- Robert W. Baird Neutral » Outperform
Groupe Danone DA (UBS)- Sell » Neutral
Shanda Interactive (SNDA)- Citigroup Hold » Buy
Ciena (CIEN)- JMP Securities Mkt Underperform » Mkt Perform
Intersil (ISIL)- RBC Capital Mkts Sector Perform » Outperform
Owens Corning (OC)- Morgan Keegan Mkt Perform » Outperform
Natl Oilwell Varco (NOV)- Banc of America Sec Neutral » Buy
Kinetic Concepts (KCI)- JP Morgan Underweight » Neutral
Gladstone Commercial (GOOD)- Robert W. Baird Neutral » Outperform
Fastenal (FAST)- Robert W. Baird Neutral » Outperform
Genzyme (GENZ)- Citigroup Hold » Buy
Macy’s (M)- JP Morgan Underweight » Neutral
Dean Foods (DF)- JP Morgan Neutral » Overweight
Domtar (UFS)- RBC Capital Mkts Sector Perform » Outperform
Louisiana-Pacific (LPX)- RBC Capital Mkts Underperform » Sector Perform
Downgrades
The Bancorp (TBBK)- Sterne Agee Buy » Hold
Natus Medical (BABY)- Avondale Mkt Outperform » Mkt Perform
Superior Services (SUPR)- Janney Mntgmy Scott Buy » Neutral
Rohm and Haas (ROH)- Longbow Buy » Neutral
UAL Corp (UAL)- Credit Suisse Outperform » Neutral
Continental Air (CAL)- Credit Suisse Outperform » Neutral
Air Tran Holdings (AAI)- Credit Suisse Outperform » Neutral
Alaska Air (ALK)- Credit Suisse Neutral » Underperform
Hercules (HPC)- Deutsche Securities Buy » Hold
ThomsonReuters (TRIN)- UBS Neutral » Sell
Pearson Plc (PSO)- Deutsche Securities Hold » Sell
Wachovia (WB)- UBS Buy » Neutral
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