Upgrades/Downgrades: May 9

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Company Symbol Brokerage Firm Upgrade From To (Target)
ActivisionATVICowen & CoNeutralOutperform
ActivisionATVIKaufman BrosHoldBuy ($34)
Advanced EnergyAEISJP MorganNeutralOverweight
Ameristar CasinosASCABrean MurrayHoldBuy ($23)
CablevisionCVCPali ResearchSellNeutral
California PizzaCPKIWedbush MorganSellHold ($13)
Carrizo Oil & GasCRZOCapitalOne southcoastNeutralAdd
CelgeneCELGPacific Growth EquitiesNeutralBuy
FormFactorFORMJP MorganNeutralOverweight
Freightcar AmericaRAILJefferies & CoHoldBuy ($42)
GSI TechnologyGSITNeedhamHoldBuy ($5)
HessHESLehman BrothersUnderweightEqual-Weight ($110)
Imperial TobaccoITYCredit SuisseNeutralOutperform
ISIS PharmISISBoenning & ScattergoodMarket UnderperformMarket Perform ($12)
Lincoln Educational ServicesLINCLehman BrothersEqual-WeightOverweight ($15)
Novartis AGNVSBernsteinMkt PerformOutperform
NVIDIANVDACanaccord AdamsSellBuy ($26)
NVIDIANVDAStifel NicolausSellBuy ($26)
Penson WorldwidePNSNJP MorganNeutralOverweight
PinnaclePNKLehman BrothersEqual-WeightOverweight ($20)
Sonus NetworksSONSMerriman Curhan FordNeutralBuy
Sovereign BancSOVKeefe BruyetteUnderperformMkt Perform ($7)
TECO EnergyTECitigroupHoldBuy ($21.5)
True ReligionTRLGWedbush MorganHoldBuy


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