Matrix USA Rating Changes 10/07
Upgrades:
Quicksilver Resources (NYSE: KWK) from Sell to Hold, citing a declining stock price; Helix Energy Solutions Group (NYSE: HLX) from Hold to Buy, citing a declining stock price; Arkansas Best (Nasdaq: ABFS) from Hold to Buy, citing a declining stock price; Jacobs Engineering Group (NYSE: JEC) from Buy to Strong Buy, citing a declining stock price; TNT NV (Nasdaq: TNTTY) from Buy to Strong Buy, citing new financials 10Q;
Downgrades:
Laclede Group (NYSE: LG) from Buy to Hold, citing a rising relative value; MGE Energy (Nasdaq: MGEE) from Buy to Hold, citing a rising relative value; Ralcorp Holdings (NYSE: RAH) from Buy to Hold, citing a rising relative value; Scotts Miracle-Gro (NYSE: SMG) from Hold to Sell, citing a rising relative value; Frontier Communications (NYSE: FTR) from Hold to Sell, citing a rising relative value;
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