Upgrades
Liberty Media (LINTA)- Janco Partners Mkt Perform » Accumulate
Phoenix Tech (PTEC)- Roth Capital Hold » Buy
Devon Energy (DVN)- JP Morgan Neutral » Overweight
Sappi Limited (SPP)- Credit Suisse Neutral » Outperform
National City (NCC)- Bear Stearns Underperform » Outperform
Marathon Oil (MRO)- Oppenheimer Perform » Outperform
Downgrades
Renasant (RNST)- Janney Mntgmy Scott Buy » Neutral
AbitibiBowater (ABH)- DA Davidson Neutral » Underperform
I-TRAX (DMX)- Dougherty & Company Buy » Sell
Plexus (PLXS)- Credit Suisse Outperform » Neutral
Copa Holdings (CPA)- UBS Buy » Neutral
Sourcefire (FIRE)- RBC Capital Mkts Outperform » Sector Perform
VMware (VMW)- Lazard Capital Buy » Hold
Art Technology (ARTG)- Roth Capital Buy » Hold
State Auto Fin (STFC)- Piper Jaffray Neutral » Sell
Infinity Prpty & Casualty (IPCC)- Piper Jaffray Buy » Neutral
Prosperity Bancshares (PRSP)- Sun Trust Rbsn Humphrey Buy » Neutral
FirstFed Financial (FED)- Credit Suisse Outperform » Neutral
Blackbaud (BLKB)- Jefferies & Co Buy » Underperform
Cisco Systems (CSCO)- UBS Buy » Neutral
Portugal Telecom (PT)- UBS Buy » Neutral
Chesapeake Energy (CHK)- JP Morgan Overweight » Neutral
Urban Outfitters (URBN)- Morgan Keegan Outperform » Mkt Perform
North Valley Bancorp (NOVB)- DA Davidson Buy » Neutral
AFLAC (AFL)- Banc of America Sec Buy » Neutral
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