Early-Bird Research Notes (FEB 21, 2007)

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ACAS raised to Buy at SunTrust Robinson Humphreys.
ACAS cut to Neutral at B of A.
ACOR cut to Neutral at B of A.
AINV cut to Neutral at B of A.
CSX cut to Neutral at UBS.
EDS raised to Sector Perform at RBC.
FOSL raised to Outperform at Wachovia.
GMXR cut to Hold at AGEdwards.
HAS cut to Equal weight at Lehman.
HNAB cut to Hold at Jefferies.
KSU cut to Neutral at U
BS.
LGCY started as Mkt Perform at Wachovia.
MAT raised to Equal Weightg at Lehman.
MOT cut to Equal Weight from overweight at Lehman.
MTN raised to Overweight at Prudential.
NFI cut to Hold at Deutsche Bank.
PALM cut to Accumulate at ThinkEquity.
PGN raised to Neutral at JPMorgan.
QCOM cut to Hold at AGEdwards.
RNT cut to Neutral at Merriman Curhan Ford.
SHPGY cut to Neutral at HSBC.
SLM cut to Mkt Perform at FBR.
SMG cut to Neutral at SunTrust Robinson Humphreys.
TXRH raised to Overweight at JPMorgan.
WFC raised to Outperform at CIBC.
WMG raised to Buy at B of A ($25 target).
ZUMZ started as Positive at Susquehanna.

by Jon C. Ogg
February 21, 2007

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