Matrix Lighthouse Rating Changes 10/24

October 24, 2008 10:11 AM EDT

Upgrades:
Broadcom (Nasdaq: BRCM) from Buy to Strong Buy, citing new financials 10Q; China Telecom (NYSE: CHA) from Hold to Buy, citing new financials 10Q; ION Geophysical (NYSE: IO) from Buy to Strong Buy, citing a declining stock price; Kaydon (NYSE: KDN) from Hold to Buy, citing a declining stock price; Universal Stainless & Alloy Products (Nasdaq: USAP) from Hold to Buy, citing a declining stock price;

Downgrades:
AirTran Holdings (NYSE: AAI) from Sell to Strong Sell, citing a rising stock price; American Commercial Lines (Nasdaq: ACLI) from Hold to Sell, citing a rising relative value; Affiliated Computer Services (NYSE: ACS) from Hold to Sell, citing a rising relative value; Cabela's (NYSE: CAB) from Buy to Hold, citing a rising relative value;


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Stocks Mentioned

AAI 4.68

+0.09 +1.96%
Volume: 2,060,102
Track AAI

ACLI 5.59

-0.43 -7.14%
Volume: 193,541
Track ACLI

ACS 46.53

-0.17 -0.36%
Volume: 768,346
Track ACS

BRCM 17.83

-0.94 -5.01%
Volume: 10,721,958
Track BRCM

CAB 6.19

-0.08 -1.28%
Volume: 572,529
Track CAB

CHA 38.45

-2.98 -7.19%
Volume: 499,111
Track CHA

IO 4.17

-0.38 -8.35%
Volume: 1,995,492
Track IO

KDN 33.62

-1.47 -4.19%
Volume: 487,828
Track KDN

USAP 14.68

-0.95 -6.08%
Volume: 26,390
Track USAP


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