Upgrades
California Pizza (CPKI)- Wedbush Morgan Sell » Hold
Carrizo Oil & Gas (CRZO)- CapitalOne southcoast Neutral » Add
True Religion (TRLG)- Wedbush Morgan Hold » Buy
Cablevision (CVC)- Pali Research Sell » Neutral
GSI Technology (GSIT)- Needham Hold » Buy
Activision (ATVI)- Cowen & Co Neutral » Outperform
Activision (ATVI)- Kaufman Bros Hold » Buy
NVIDIA (NVDA)- Stifel Nicolaus Sell » Buy
Ameristar Casinos (ASCA)- Brean Murray Hold » Buy
Freightcar America (RAIL)- Jefferies & Co Hold » Buy
TECO Energy (TE)- Citigroup Hold » Buy
Lincoln Educational Services (LINC)- Lehman Brothers Equal-Weight » Overweight
Hess (HES)- Lehman Brothers Underweight » Equal-Weight
Advanced Energy (AEIS)- JP Morgan Neutral » Overweight
Penson Worldwide (PNSN)- JP Morgan Neutral » Overweight
FormFactor (FORM)- JP Morgan Neutral » Overweight
Imperial Tobacco (ITY)- Credit Suisse Neutral » Outperform
Sonus Networks (SONS)- Merriman Curhan Ford Neutral » Buy
Novartis AG (NVS)- Bernstein Mkt Perform » Outperform
Pinnacle (PNK)- Lehman Brothers Equal-Weight » Overweight
Sovereign Banc (SOV)- Keefe Bruyette Underperform » Mkt Perform
Downgrades
Deltek (PROJ)- William Blair Outperform » Mkt Perform
Northwestern Corp (NWE)- KeyBanc Capital Mkts Buy » Hold
DRS Tech (DRS)- Morgan Joseph Buy » Hold
Celgene (CELG)- Credit Suisse Outperform » Neutral
Deltek (PROJ)- Credit Suisse Outperform » Neutral
Pike Electric (PEC)- Robert W. Baird Outperform » Neutral
Energy Conversion (ENER)- Broadpoint Capital Buy » Neutral
iPass (IPAS)- Morgan Joseph Buy » Hold
DRS Tech (DRS)- Friedman Billings Outperform » Mkt Perform
Am Superconductor (AMSC)- Jefferies & Co Buy » Hold
Superior Well Services (SWSI)- RBC Capital Mkts Outperform » Sector Perform
Pediatrix Medical (PDX)- RBC Capital Mkts Top Pick » Outperform
PowerSecure (POWR)- JMP Securities Mkt Outperform » Mkt Perform
Aware (AWRE)- Merriman Curhan Ford Buy » Neutral
Georgia Gulf (GGC)- UBS Buy » Neutral
DRS Tech (DRS)- UBS Buy » Neutral
Cascade Microtech (CSCD)- JP Morgan Overweight » Neutral
Goodrich Petroleum (GDP)- Sun Trust Rbsn Humphrey Neutral » Reduce
