Major investment upgrades/downgrades as of April 10

Every morning, Patria publishes a list of U.S. stocks which had their investment recommendations changed the previous day. In the first part of the table you will find titles with recommendation upgrade, the second part on the contrary presents titles with recommendation downgrade. Previous and current investment rating is included, as well as the name of the rating institution (i.e. investment bank) and/or the target price.

Stock	Company	Target Price	Previous rec.	New rec.	Change
Sonus Networks	Salomon Smith Barney	4,00	In Line	Outperform
Sonus Networks	Goldman Sachs	-	Under Perform	In Line
Pacific Sunwear	Lehman Brothers	20,00	Equal-weight	Underweight
Fox Entertainment	Merrill Lynch	-	Buy	Sell
HCA Healthcare	Banc of America Sec	40,00	Buy	Neutral
Expeditors Intl	JP Morgan	-	Overweight	Neutral
Argosy Gaming	UBS Warburg	23,00	Buy	Neutral