Abbott Laboratories (NYSE: ABT) Cut to Sell at Citigroup.
Aeropostale (NYSE: ARO) Raised to Neutral at Piper Jaffray.
Biogen Idec (NASDAQ: BIIB) Started as Neutral at Piper Jaffray.
Celgene (NASDAQ: CELG) Started as Overweight at Piper Jaffray.
China Advanced Construction Materials (NASDAQ: CADC) Started as Buy at Roth Capital.
Facet Biotech (NASDAQ: FACT) Cut to Market Perform at BMO Capital.
HSBC (NYSE: HBC) Cut to Neutral at Goldman Sachs.
Luminex (NASDAQ: LMNX) Started as Buy at Jefferies.
New Oriental Education (NYSE: EDU) Started as Buy at Deutsche Bank.
Pacific Sunwear of California (NASDAQ: PSUN) Cut to Market Perform at FBR.
Silicon Graphics International (NYSE: SGI) Started as Market Perform at Morgan Keegan.

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JON C. OGG

• Cadence Design (CDNS) Raised to Buy at Citigroup.
• CardioNet (BEAT) Cut to Hold at Citigroup.

• Comverse Tech (CMVT) Cut to Neutral at JPMorgan.
• Hershey Co. (HSY) Cut to Hold at Citigroup.
• Imgram Micro (IM) Cut to Neutral at B of A.
• Luminex (LMNX) Cut to Market Perform at Thomas Weisel.
• Manpower (MAN) Cut to Equal Weight at Lehman.
• Robert Half (RHI) Cut to Underweight at Lehman.
• Tower Group (TWGP) Raised to Outperform at KBW.
• WD-40 Co. (WDFC) Cut to Underweight at JPMorgan.

Jon C. Ogg
August 18, 2008