Upgrades
Global Payment (GPN)- Credit Suisse Underperform » Neutral
Teekay Offshore (TOO)- Deutsche Securities Hold » Buy
Enbridge Energy (EEP)- Deutsche Securities Hold » Buy
Buckeye GP Hldgs (BGH)- Deutsche Securities Hold » Buy
Bunge (BG)- BMO Capital Markets Market Perform » Outperform
Oxford Industries (OXM)- Sun Trust Rbsn Humphrey Neutral » Buy
Aracruz Celulose (ARA)- BMO Capital Markets Market Perform » Outperform
Vertex Pharm (VRTX)- Robert W. Baird Neutral » Outperform
Buffalo Wild Wings (BWLD)- Morgan Keegan Mkt Perform » Outperform
Akamai Tech (AKAM)- Piper Jaffray Neutral » Buy
Hess (HES)- Friedman Billings Mkt Perform » Outperform
UBS (AG)- UBS Deutsche Securities Hold » Buy
ANSYS (ANSS)- Jefferies & Co Hold » Buy
AstraZeneca (AZN)- JP Morgan Underweight » Neutral
Unilever PLC (UL)- Deutsche Securities Hold » Buy
Vertex Pharm (VRTX)- Wachovia Underperform » Mkt Perform
VMware (VMW)- Wachovia Mkt Perform » Outperform
Pier 1 Imports (PIR)- Deutsche Securities Hold » Buy
Downgrades
Rollins, Inc. (ROL0- Davenport Buy » Neutral
Trimble Navigation (TRMB)- Wedbush Morgan Buy » Hold
Rowan Cos (RDC)- CapitalOne southcoast Strong Buy » Add
Rowan Cos (RDC)- JP Morgan Neutral » Underweight
Dell (DELL)- Caris & Company Above Average » Average
Calumet Specialty Products (CLMT)- Deutsche Securities Buy » Hold
AmeriGas Partners (APU)- Deutsche Securities Buy » Hold
KKR Financial (KFN)- Bear Stearns Outperform » Peer Perform
Hospitality Props (HPT)- Wachovia Mkt Perform » Underperform
Gymboree (GYMB)- Susquehanna Financial Positive » Neutral
The Buckle (BKE)- Susquehanna Financial Positive » Neutral
Avocent (AVCT)- RBC Capital Mkts Outperform » Sector Perform
VMware (VMW)- Credit Suisse Neutral » Underperform
Realty Income (O)- Banc of America Sec Neutral » Sell
MCG Capital (MCGC)- Jefferies & Co Buy » Hold
American Capital (ACAS)- Jefferies & Co Hold » Underperform
Eaton (ETN)- Bear Stearns Outperform » Peer Perform
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