AEL started as Buy at Citigroup.
ATRS cut to Hold at Deutsche Bank and cut to Neutral at SunTrust Robinson Humphreys.
CCU cut to Neutral at B of A.
EROC cut to Mkt Perform at Wachovia.
FRT raised to Buy at UBS.
GNSS Cut to Mkt Weight at Thomas Weisel.
GR raised to Hold at Citigroup.
HLS started as Buy at SunTrust Robinson Humphreys.
HOC cut to Sell at Deutsche Bank.
IGT raised to Outperform at CIBC.
ING raised to Overweight at JPMorgan.
LHO raised to Buy at A.G.Edwards.
MEE cut to Mkt Perform at FBR.
MNT raised to Buy at Merriman Curhan Ford.
MOS raised to Overweight at JPMorgan. Cut to Hold at Citigroup.
NFP started as Buy at Citigroup.
PD cut to Mkt Perform at FBR.
RNOW cut to Neutral at Pacific Growth.
RSH raised to Buy at Goldman Sachs.
SBUX raised to Overweight at JPMorgan.
SI raised to Buy at Merrill Lynch.
SM cut to Neutral at SunTrust Robinson Humphreys.
SXL cut to Hold at Citigroup.
TSO raised to Outperform at Bear Stearns.
UTI raised to Neutral at Sun Trust Robinson Humphreys.
USB cut to Neutral at UBS.
Jon C.Ogg
January 30, 2007