Matrix Lighthouse Rating Changes 2/13

Upgrades:
American Science Engineering (Nasdaq: ASEI) from Strong Sell to Hold, citing a declining relative value
HMS Holdings (Nasdaq: HMSY) from Sell to Hold, citing a declining relative value
Portfolio Recovery Associates (Nasdaq: PRAA) from Buy to Strong Buy, citing a declining stock price
Raven Industries (Nasdaq: RAVN) from Hold to Buy, citing a declining stock price

Downgrades:
Ashland (NYSE: ASH) from Buy to Sell, citing new financials 10Q
Haynes Int'l (Nasdaq: HAYN) from Strong Buy to Buy, citing new financials 10Q
Liquidity Services (Nasdaq: LQDT) from Sell to Strong Sell, citing new financials 10Q
Sepracor (Nasdaq: SEPR) from Buy to Sell, citing a rising stock price

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• UPDATE: UBS Upgrades Westlake Chemical (WLK) to Neutral; Fairly Valued Now

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