UPGRADES
St. Jude Medical (STJ)= Stanford Research Hold » Buy
Endo Pharm (END)=P Pacific Growth Equities Neutral » Buy
Informatica (INFA)= Pacific Growth Equities Neutral » Buy
Netflix (NFLX)= Utendahl Under-weight » Equal-weight
Quintana Maritime (QMAR)= Ferris Baker Watts Neutral » Buy
F5 Networks (FFIV)= Ferris Baker Watts Neutral » Buy
ITT Educational (ESI)= Barrington Research Mkt Perform » Outperform
Varian Medical (VAR)= Leerink Swann Mkt Perform » Outperform
Entercom ETM (SMH)= Capital Sell » Neutral
QLT Inc (QLTI)= Caris & Company Average » Above Average
NVE Corp ( NVEC)= Northland Securities Market Perform » Outperform
Intl Paper (IP )= Soleil Hold » Buy
NDS Group (NNDS)= RBC Capital Mkts Outperform » Top Pick
Range Resources (RRC)= BMO Capital Markets Market Perform » Outperform
EOG Resources (EOG)= Citigroup Hold » Buy
Thornburg Mortg (TMA)= Citigroup Sell » Hold
Microchip (MCHP)= Morgan Keegan Mkt Perform » Outperform
Intersil (ISIL)= Morgan Keegan Mkt Perform » Outperform
General Dynamics (GD)= Wachovia Mkt Perform » Outperform
Manhattan Assoc (MANH)= Jefferies & Co Hold » Buy
Cephalon (CEPH)= Soleil Hold » Buy
StatoilHydro (STO)= Citigroup Hold » Buy
Western Digital (WDC)= Deutsche Securities Hold » Buy
McAfee (MFE0= Bear Stearns Peer Perform » Outperform
Human Genome (HGSI)= Bear Stearns Peer Perform » Outperform
Sonus Networks (SONS)= Cantor Fitzgerald Hold » Buy
BioMed Realty (BMR)= Wachovia Mkt Perform » Outperform
Packaging Corp (PKG)= Deutsche Securities Hold » Buy
Repsol SA (REP)= Deutsche Securities Sell » Hold
AmSurg (AMSG)= Lehman Brothers Underweight » Equal-weight
Healthsouth (HLS)= Lehman Brothers Underweight » Overweight
Anglo American (AAUK)= Citigroup Hold » Buy
McAfee (MFE)= Citigroup Hold » Buy
Lifepoint Hospitals (LPNT)= Lehman Brothers Equal-weight » Overweight
Tenet Healthcare (THC)= Lehman Brothers Underweight » Equal-weight
Novacea (NOVC)= Broadpoint Capital Neutral » Buy
Stryker (SYK)= Robert W. Baird Neutral » Outperform
Human Genome (HGSI)= Robert W. Baird Neutral » Outperform
Garmin (GRMN)= Oppenheimer Perform » Outperform
Ametek (AME)= Friedman Billings Mkt Perform » Outperform
NVE Corp (NVEC)= Broadpoint Capital Neutral » Buy
Gilead Sciences (GILD)= Friedman Billings Mkt Perform » Outperform
F5 Networks (FFIV)= Robert W. Baird Neutral » Outperform
DOWNGRADES
Yamana Gold (AUY)= UBS Buy » Neutral
Google (GOOG)= Stanford Research Buy » Hold
THQ Inc (THQI)= Kaufman Bros Buy » Hold
Legg Mason (LM)= Credit Suisse Neutral » Underperform
Hospitality Props (HPT)= Wachovia Outperform » Mkt Perform
Hersha Hospitality Trust (HT)= Wachovia Outperform » Mkt Perform
Strategic Hotels & Resorts (BEE)= Wachovia Outperform » Mkt Perform
Apollo Investment (AINV)= Bear Stearns Outperform » Peer Perform
DuPont (DD)= Oppenheimer Perform » Underperform
Royal Philips Electronics (PHG)= Credit Suisse Neutral » Underperform
Vertex Pharm (VRTX)= Citigroup Buy » Hold
eBay (EBAY)= Citigroup Buy » Hold
Omnicare (OCR)= Lehman Brothers Equal-weight » Underweight
THQ Inc (THQI)= Broadpoint Capital Neutral » Sell
Motorola (MOT) Charter Equity Mkt Perform » Mkt Underperform
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