Tuesday's Upgrades and Downgrades

UPGRADES

Qwest Q Lehman Brothers Equal-weight » Overweight
Aspen Insurance AHL Credit Suisse Neutral » Outperform
Websense WBSN JP Morgan Underweight » Overweight
RF Micro Device RFMD Citigroup Hold » Buy
Assured Guaranty AGO Citigroup Hold » Buy
Gap Inc GPS CL King Neutral » Strong Buy
Weyerhaeuser WY McAdams,Wright,Ragen Hold » Buy
Charlotte Russe CHIC B. Riley & Co Neutral » Buy
Top Tankers TOPT Cantor Fitzgerald Hold » Buy
Precision Drilling PDS RBC Capital Mkts Sector Perform » Outperform
Amgen AMGN Bernstein Mkt Perform » Outperform
Comerica CMA Deutsche Securities Sell » Hold
CF Industries CF Citigroup Hold » Buy
Dreamworks Animation DWA Sanders Morris Harris Neutral » Buy
EDS EDS UBS Sell » Neutral
Kellwood KWD Morgan Keegan Underperform » Mkt Perform
BEA Systems BEAS Bear Stearns Peer Perform » Outperform

DOWNGRADES

Alexza Pharma ALXA JMP Securities Mkt Outperform » Mkt Perform
Thornburg Mortg TMA Friedman Billings Mkt Perform » Underperform
Thornburg Mortg TMA RBC Capital Mkts Sector Perform » Underperform
Physicians Formula FACE Wachovia Outperform » Mkt Perform
Thornburg Mortg TMA Credit Suisse Neutral » Underperform
ADA-ES ADES Canaccord Adams Buy » Hold
Alnylam Pharmaceuticals ALNY Needham & Co Buy » Hold
Diebold DBD KeyBanc Capital Mkts / McDonald Buy » Hold
World Fuel Svcs INT Calyon Securities Buy » Add