Wednesday's Upgrades and Downgrades

UPGRADES

Massey Energy MEE Stifel Nicolaus Hold » Buy
Cyberonics CYBX Collins Stewart Market Perform » Buy
Spectrum Pharma SPPI Brean Murray Hold » Buy
Century Casinos CNTY Brean Murray Hold » Buy
Winnebago Inds WGO RBC Capital Mkts Sector Perform » Outperform
CyberSource CYBS JMP Securities Mkt Perform » Mkt Outperform

DOWNGRADES

China Mobile CHL Deutsche Securities Buy » Hold
Microchip MCHP AmTech Research Buy » Neutral
U.S. Xpress XPRSA Stifel Nicolaus Buy » Hold
Universal Truckload Services UACL Stifel Nicolaus Buy » Hold
Sprint Nextel S Stifel Nicolaus Hold » Sell
Aon AOC Stifel Nicolaus Buy » Hold
Lihir Gold LIHR HSBC Securities Neutral » Underweight
State Auto Fin STFC KeyBanc Capital Mkts Buy » Hold
Ntelos Holdings NTLS UBS Buy » Neutral
Elizabeth Arden RDEN Sun Trust Rbsn Humphrey Buy » Neutral
Business Objects BOBJ Jefferies & Co Buy » Hold
Cognos COGN Jefferies & Co Buy » Hold
Cooper Cos COO JP Morgan Neutral » Underweight
DRDGOLD DROOY HSBC Securities Neutral » Underweight
Meridian Gold MDG HSBC Securities Overweight » Neutral
Kinross Gold KGC HSBC Securities Overweight » Neutral
Harmony Gold HMY HSBC Securities Overweight » Neutral
Royal Gold RGLD HSBC Securities Overweight » Neutral
Randgold Resources GOLD HSBC Securities Overweight » Neutral
Goldcorp GG HSBC Securities Neutral » Underweight
Buenaventura SA BVN HSBC Securities Overweight » Underweight
F5 Networks FFIV RBC Capital Mkts Outperform » Sector Perform
Business Objects BOBJ UBS Buy » Neutral
Wimm-Bill-Dann Foods WBD Citigroup Buy » Hold
Health Care REIT HCN UBS Buy » Neutral
Nationwide Health NHP UBS Buy » Neutral
Ventas VTR UBS Buy » Neutral