Thursday's Upgrades / Downgrades

Here are the recent calls...

UPGRADES

Chesapeake Energy CHK Fortis Bank Hold » Buy
Medco Health Solutions MHS Cowen & Co Neutral » Outperform
Check Point Sftwr CHKP Friedman Billings Mkt Perform » Outperform
BP BP Bernstein Mkt Perform » Outperform
MetroPCS PCS Jefferies & Co Hold » Buy




DOWNGRADES

Cognos COGN BMO Capital Markets Outperform » Market Perform
Emcore EMKR B. Riley & Co Buy » Neutral
TAM S.A. TAM Calyon Securities Buy » Add
Gol Intelligent Airlines GOL Calyon Securities Buy » Add
Finisar FNSR Needham & Co Strong Buy » Buy
Brookline Bancorp BRKL Friedman Billings Outperform » Mkt Perform