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 25.64

+0.00 +0.00%
Volume: 1,013,661
Track ABFS

FTR 7.92

+0.00 +0.00%
Volume: 2,939,813
Track FTR

HLX 5.21

+0.00 +0.00%
Volume: 1,836,401
Track HLX

JEC 38.89

+0.00 +0.00%
Volume: 4,087,204
Track JEC

KWK 5.10

+0.00 +0.00%
Volume: 3,088,949
Track KWK

LG 47.87

+0.00 +0.00%
Volume: 455,570
Track LG

MGEE 32.52

+0.00 +0.00%
Volume: 152,328
Track MGEE

RAH 58.31

+0.00 +0.00%
Volume: 995,890
Track RAH

SMG 27.99

+0.00 +0.00%
Volume: 1,091,552
Track SMG

TNTTY 19.40

+0.00 +0.00%
Volume: 65,910
Track TNTTY


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