Matrix USA Rating Changes 10/07

October 7, 2008 10:22 AM EDT

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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Downgrades
Upgrades

Stocks Mentioned

ABFS 24.02

+0.12 +0.50%
Volume: 362,926
Track ABFS

FTR 7.39

+0.08 +1.09%
Volume: 2,941,591
Track FTR

HLX 14.37

-0.13 -0.90%
Volume: 990,505
Track HLX

JEC 43.81

-0.46 -1.04%
Volume: 870,215
Track JEC

KWK 12.85

-0.48 -3.60%
Volume: 5,489,996
Track KWK

LG 31.30

+0.07 +0.22%
Volume: 116,784
Track LG

MGEE 35.96

+0.12 +0.33%
Volume: 30,616
Track MGEE

RAH 54.78

-0.12 -0.22%
Volume: 640,090
Track RAH

SMG 43.85

+0.88 +2.05%
Volume: 650,851
Track SMG

TNTTY 27.78

+0.06 +0.22%
Volume: 16,715
Track TNTTY


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