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 43.26

+0.09 +0.21%
Volume: 29,723
Track CHG

CTSH 43.93

-0.27 -0.61%
Volume: 2,769,254
Track CTSH

HNZ 41.95

+0.03 +0.07%
Volume: 2,178,056
Track HNZ

JAH 28.94

+1.08 +3.88%
Volume: 1,112,817
Track JAH

LMNX 13.14

-0.43 -3.17%
Volume: 605,169
Track LMNX

RAVN 25.96

-0.14 -0.54%
Volume: 35,950
Track RAVN

RIG 88.50

+0.35 +0.40%
Volume: 2,797,714
Track RIG

TSS 16.94

-0.10 -0.59%
Volume: 1,619,835
Track TSS

UIL 26.56

-0.20 -0.75%
Volume: 103,984
Track UIL

UPS 56.85

+0.65 +1.16%
Volume: 5,075,319
Track UPS


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