Matrix USA Rating Changes 10/08

October 8, 2008 10:56 AM EDT

Upgrades:
Luminex (Nasdaq: LMNX) from Strong Sell to Sell, citing a declining stock price; Raven Industries (Nasdaq: RAVN) from Sell to Hold, citing new financials 10Q; Transocean (NYSE: RIG) from Buy to Strong Buy, citing a declining stock price; Cognizant Technology Solutions (Nasdaq: CTSH) from Hold to Buy, citing a declining stock price; Total System Services (NYSE: TSS) from Hold to Buy, citing a declining stock price;

Downgrades:
CH Energy Group (NYSE: CHG) from Buy to Hold, citing a rising relative value; UIL Holdings (NYSE: UIL) from Buy to Hold, citing a rising relative value; Jarden (NYSE: JAH) from Strong Buy to Buy, citing a rising relative value; HJ Heinz (NYSE: HNZ) from Buy to Hold, citing a rising relative value; United Parcel Service (NYSE: UPS) from Hold to Sell, citing a rising relative value;


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Stocks Mentioned

CHG 40.70

-0.92 -2.21%
Volume: 20,300
Track CHG

CTSH 43.49

-1.45 -3.23%
Volume: 1,988,065
Track CTSH

HNZ 42.42

-0.93 -2.15%
Volume: 2,339,603
Track HNZ

JAH 27.79

-0.08 -0.29%
Volume: 361,675
Track JAH

LMNX 13.71

-0.18 -1.30%
Volume: 93,395
Track LMNX

RAVN 27.14

-0.75 -2.69%
Volume: 33,322
Track RAVN

RIG 84.91

-1.45 -1.68%
Volume: 1,789,960
Track RIG

TSS 17.15

-0.35 -2.00%
Volume: 466,333
Track TSS

UIL 26.75

-0.53 -1.94%
Volume: 54,488
Track UIL

UPS 57.43

-0.77 -1.32%
Volume: 2,082,644
Track UPS


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