Upgrades / Downgrades

Here are the late Thursday and early Friday calls


UPGRADES:


Del Monte DLM Matrix Research Hold » Buy
Fleetwood FLE BB&T Capital Mkts Hold » Buy
Fedrl Rlty Inv Trst FRT Cantor Fitzgerald Hold » Buy
MRV Comms MRVC Roth Capital Hold » Buy
National Instruments NATI Thomas Weisel Market Weight » Overweight
BJ's Wholesale BJ Lehman Brothers Underweight » Equal-weight
AT&T T Davenport Neutral » Buy
Lockheed Martin LMT JP Morgan Underweight » Neutral
Seagate Tech STX Brean Murray Hold » Buy
Hartford Financial HIG AG Edwards Hold » Buy
BMC Software BMC Credit Suisse Underperform » Neutral
Merck MRK AG Edwards Hold » Buy
Robbins & Myers RBN Matrix Research Hold » Buy

DOWNGRADES:


Vimicro VIMC Susquehanna Financial Neutral » Negative
Tenaris TS Credit Suisse Neutral » Underperform $50
Charles River CRL Cowen & Co Outperform » Neutral
Thor Industries THO Matrix Research Strong Buy » Sell
Warner Chilcott PLC WCRX Oppenheimer Buy » Neutral
US Cellular USM Soleil Hold » Sell
Frontline FRO UBS Neutral » Reduce
BCE Inc BCE Davenport Neutral » Reduce/Sell
Big 5 Sports BGFV DA Davidson Buy » Neutral
PFF Bancorp PFB Friedman Billings Outperform » Mkt Perform
Huntsman HUN BB&T Capital Mkts Buy » Hold
China Petroleum (Sinopec) SNP Bear Stearns Peer Perform » Underperform
Gerdau AmeriSteel GNA RBC Capital Mkts Outperform » Sector Perform
XL Capital XL AG Edwards Buy » Hold
Ruby Tuesday RT Sun Trust Rbsn Humphrey Buy » Neutral
Denbury Resources DNR Calyon Securities Add » Neutral
Delek US Holdings DK HSBC Securities Neutral » Underweight
Cubic CUB Friedman Billings Mkt Perform » Underperform
Gerdau AmeriSteel GNA CIBC Wrld Mkts Sector Outperform » Sector Perform