Matrix Lighthouse Rating Changes 10/16
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Upgrades:
MSC Software (Nasdaq: MSCS) from Strong Sell to Sell, citing a declining stock price; Sonosite (Nasdaq: SONO) from Sell to Hold, citing a declining stock price; eResearch Technology Nasdaq: ERES) from Sell to Hold, citing a declining stock price; Cooper Companies (NYSE: COO) from Sell to Hold, citing a declining stock price; Hittite Microwave (Nasdaq: HITT) from Hold to Buy, citing a declining stock price; Layne Christensen (Nasdaq: LAYN) from Buy to Strong Buy, citing a declining stock price; Brocade Communications (Nasdaq: BRCD) from Strong Sell to Hold, citing a declining stock price; Pioneer Drilling (NYSE: PDC) from Sell to Hold, citing a declining stock price; Reed Elsevier (NYSE: RUK) from Hold to Buy, citing new financials 10Q; Marriott (NYSE: MAR) from Sell to Hold, citing new financials 10Q; Stewart Enterprises (Nasdaq: STEI) from Strong Sell to Sell, citing a declining stock price; Avocent (Nasdaq: AVCT) from Sell to Hold, citing a declining stock price; Chart Industries (Nasdaq: GTLS) from Hold to Strong Buy, citing a declining stock price; Affymetrix (Nasdaq: AFFX) from Hold to Buy, citing a declining stock price; Volcom (Nasdaq: VLCM) from Buy to Strong Buy, citing a declining stock price; Volvo (Nasdaq: VOLVY) from Buy to Strong Buy, citing a declining stock price; Sepracor (Nasdaq: SEPR) from Buy to Strong Buy, citing a declining stock price; Oil States Int'l (NYSE: OIS) from Buy to Strong Buy, citing a declining stock price; Molex (Nasdaq: MOLX) from Hold to Buy, citing a declining stock price; TrueBlue (NYSE: TBI) from Sell to Hold, citing a declining stock price;
Downgrades:
Deutsche Telekom (NYSE: DT) from Strong Buy to Buy, citing a rising relative value; Monro Muffler Brake (Nasdaq: MNRO) from Sell to Strong Sell, citing a rising relative value; BT Group (NYSE: BT) from Buy to Hold, citing a rising relative value; DPL (NYSE: DPL) from Strong Buy to Buy, citing a rising relative value; Verizon Communications (NYSE: VZ) from Strong Buy to Buy, citing a rising relative value; Bristol-Myers Squibb (NYSE: BMY) from Strong Buy to Buy, citing a rising relative value; Carters (NYSE: CRI) from Hold to Sell, citing a rising relative value; Black & Decker (NYSE: BDK) from Hold to Sell, citing a rising relative value; Domino's Pizza (NYSE: DPZ) from Sell to Strong Sell, citing new financials 10Q; Sealy (NYSE: ZZ) from Hold to Sell, citing new financials 10Q;
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