| Date | Broker | Symbol | Company | To | From | Target |
| 7/24/08 | Cowen & Co. | SANM | Sanmina-SCI Corporation | Outperform | Neutral | N/A |
| 7/24/08 | Credit Suisse | SANM | Sanmina-SCI Corporation | Outperform | Neutral | $2.50 Up From $1.60 |
| 7/24/08 | DeutscheBank | TCB | TCF Financial Corp. | Hold | Sell | $16 |
| 7/24/08 | KeyBanc Capital Markets | GDI | Gardner Denver, Inc | Buy | Hold | $56 |
| 7/22/08 | Friedman Billings Ramsey | QLGC | QLogic Corp. | Outperform | Market Perform | $20 |
| 7/18/08 | Credit Suisse | PTEN | Patterson UTI-Energy | Outperform | Neutral | $41 Up From $30 |
| 7/18/08 | DeutscheBank | PNC | PNC Financial Services Group Inc. | Hold | Sell | $60 Up From $53 |
| 7/16/08 | Credit Suisse | WAG | Walgreen Co. | Outperform | Neutral | $42 |
| 7/14/08 | DeutscheBank | TAP | Molson Coors Brewing Company | Buy | Hold | $65 Up From $50 |
| 7/14/08 | JMP Securities | CIEN | Ciena Corp | Market Perform | Market Underperform | N/A |
| 7/11/08 | Friedman Billings Ramsey | APSG | Applied Signal Technology Inc | Outperform | Market Perform | $19 Up From $16 |
| 7/11/08 | Friedman Billings Ramsey | JEC | Jacobs Engineering Group Inc. | Outperform | Market Perform | $100 |
| 7/11/08 | Friedman Billings Ramsey | CRDN | Ceradyne Inc. | Outperform | Market Perform | $45 |
| 7/11/08 | Friedman Billings Ramsey | CENX | Century Aluminum Co | Outperform | Market Perform | $79 Up From $70 |
| 7/10/08 | Credit Suisse | OMX | OfficeMax Inc. | Outperform | Neutral | $15 |
| 7/9/08 | Friedman Billings Ramsey | AA | Alcoa Inc | Outperform | Market Perform | $43 |
| 7/9/08 | Friedman Billings Ramsey | CCJ | Cameco Corp | Outperform | Market Perform | $48 Up From $40 |
| 7/9/08 | Friedman Billings Ramsey | XNPT | XENOPORT INC | Outperform | Market Perform | $62 |
| 7/9/08 | Lehman Brothers | PVG | Penn Virginia GP Holdings, L.P. | Overweight | Equal weight | $40 Up From $36 |
| 7/8/08 | KeyBanc Capital Markets | HSC | Harsco Corp | Buy | Hold | $62 |
| 7/7/08 | Friedman Billings Ramsey | SU | Suncor Energy Inc | Outperform | Market Perform | $85 Up From $53 |
| 7/7/08 | Credit Suisse | SSCC | Smurfit-Stone Container Corp | Outperform | Neutral | $8 Down From $12 |
| 7/7/08 | Friedman Billings Ramsey | KND | Kindred Healthcare Inc | Outperform | Market Perform | $36 Up From $29 |
| 7/7/08 | Credit Suisse | TIN | Temple Inland Inc | Outperform | Neutral | $14 |
| 7/7/08 | Credit Suisse | CF | CF Industries Holdings Inc. | Outperform | Neutral | $180 |
| 7/3/08 | Cowen & Co. | LLL | L-3 Communications Holdings, Inc | Outperform | Neutral | N/A |
| 7/1/08 | KeyBanc Capital Markets | MOD | Modine Mfg. | Buy | Hold | $17 |
| 7/1/08 | KeyBanc Capital Markets | RT | Ruby Tuesday Inc. | Hold | Underweight | N/A |
| 6/27/08 | Friedman Billings Ramsey | AEO | American Eagle Outfitters Inc. | Market Perform | Underperform | $15 |
| 6/26/08 | Friedman Billings Ramsey | PTRY | Pantry | Outperform | Market Perform | $13.50 |
| 6/25/08 | Friedman Billings Ramsey | WINN | WINN-DIXIE STORES | Outperform | Market Perform | $20 |
| 6/25/08 | Friedman Billings Ramsey | NNI | Nelnet Inc. | Outperform | Market Perform | $13.50 Down From $14 |
| 6/25/08 | KeyBanc Capital Markets | SHLM | Schulman (A.) Inc. | Buy | Hold | $29 |
| 6/23/08 | Credit Suisse | WBD | WIMM-BILL-DANN | Outperform | Neutral | $135 |
| 6/23/08 | DeutscheBank | JCP | J. C. Penney Company, Inc | Buy | Hold | $46 Up From $45 |
| 6/19/08 | Friedman Billings Ramsey | SLAB | Silicon Laboratories Inc. | Outperform | Market Perform | $44 Up From $41 |
| 6/19/08 | Friedman Billings Ramsey | PEC | PIKE ELECTRIC CORP | Outperform | Market Perform | $21 Up From $16 |
| 6/19/08 | KeyBanc Capital Markets | LSTR | Landstar System Inc. | Buy | Hold | $63 |
| 6/18/08 | Lehman Brothers | BWA | Borg Warner Inc. | Overweight | Equal weight | $60 Up From $47 |
| 6/16/08 | Credit Suisse | AAP | Advance Auto Parts | Outperform | Neutral | $45 Up From $38 |
|