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May 21, 2010 10:41AM Notable Analyst Rating Changes 05/21: CCL, MA, CAP, KEY Upgraded; BRCD, WEN, OEH, DRI Downgraded

May 21, 2010 07:33AM JMS Upgrades Agree Realty Corp (ADC) to Buy; Increased Comfort with Borders (BGP)

May 21, 2010 07:12AM Janney Upgrades MasterCard (MA) to Buy; Multiple Recovery

May 20, 2010 06:12PM JMS Initiates Coverage on Herbalife Ltd. (HLF) with a Buy; Recovery Uncertainty Creating Opportunity

May 20, 2010 06:05PM JMS Initiates Coverage on Prestige Brands (PBH) with a Buy; Virtual Model Drives Peer-Leading Returns

May 20, 2010 05:57PM JMS Initiates Coverage on Clorox (CLX) with a Neutral; Profit Acceleration Will Be Tough To Sustain

May 20, 2010 05:52PM JMS Initiates Coverage on Procter & Gamble (PG) with a Buy; High Quality Earnings Plus Wide Moats

May 20, 2010 05:22PM JMS Initiates Coverage on Colgate-Palmolive (CL) with a Neutral; Valuation Suggests Risk/Reward Symmetry

May 20, 2010 05:14PM JMS Initiates Coverage on USANA Health Sciences (USNA); Tempted By New Market Opportunities, but Sidelined By Core Uncertainty

May 13, 2010 10:39AM Notable Analyst Rating Changes 05/13: MS, EBAY, S, MYGN, AUTH Upgraded; RAS, COF, SHPGY, JACK Downgraded

May 13, 2010 08:08AM Janney Montgomery Scott Starts Apollo Investment (AINV) at Neutral

May 12, 2010 07:18AM Janney Montgomery Scott Maintains a 'Neutral' on A123 Systems (AONE); Quarter in Line Despite Weak Shipments

May 11, 2010 04:40PM Janney Montgomery Scott Initiates Coverage on Hospitality Properties Trust (HPT) with a Buy; Check-in for 7.0%+ Yield

May 11, 2010 07:31AM Janney Montgomery Scott Upgrades Ener1 (HEV) to Neutral; Valuation Call

May 10, 2010 05:08PM Disney (DIS) Looks for 'Wonderful' Q210 Earnings (CBS, NWSA, TWX, CVC)

May 10, 2010 02:42PM Drew Industries (DW) Ramp 11%; Janney Montgomery Scott Sees Very Attractive Valuation

May 10, 2010 07:09AM Janney Montgomery Scott Upgrades Drew Industries (DW) to Buy; Valuation Has Become Very Attractive

May 7, 2010 07:49AM Janney Montgomery Scott Upgrades ExlService (EXLS) to Buy; Table Set for the Future

May 6, 2010 07:24AM Janney Montgomery Scott Upgrades EnerNOC (ENOC) to Buy; Looking to 2012 for New Fair Value of $38

May 5, 2010 05:07PM Northwest Bancshares (NWBI) Announces $20.3M Acquisition of NexTier Bank

May 5, 2010 07:05AM Janney Montgomery Scott Upgrades First Industrial Realty Trust (FR) to Neutral; A Rising Tide Lifts Even the Leakiest Boats

May 4, 2010 10:23AM Janney Montgomery Scott Reiterates a 'Buy' on NutriSystem (NTRI); Pounding the Table

May 3, 2010 02:43PM Shares of Pinnacle Entertainment (PNK) and Gaming Sector Post Big Gains

May 3, 2010 02:36PM Janney Montgomery Scott Reiterates a 'Neutral' on USA Technologies (USAT); Lowering Fair Value Due to Dilution

May 3, 2010 10:42AM Notable Analyst Rating Changes 05/03: TSO, PNK, IM, CLH Upgraded; GS, PBR, ENP, VMC Downgraded

May 3, 2010 07:19AM Janney Montgomery Scott Upgrades Pinnacle Entertainment (PNK) to Buy; Like the New Direction

Apr 29, 2010 09:28AM Janney Montgomery Scott Downgrades PennantPark Investment Corp (PNNT) to Neutral; Upside Remains but Risk/Reward is Balanced

Apr 29, 2010 07:42AM Janney Montgomery Scott Maintains a 'Buy' on Shutterfly (SFLY); Raising Estimates and FV to $30

Apr 27, 2010 07:59AM Janney Montgomery Scott Downgrades Insituform Technologies (INSU) to Neutral; 1Q Earnings Well Below Expectations

Apr 27, 2010 07:55AM Janney Montgomery Scott Downgrades City Holding Company (CHCO) to Neutral; Valuation Call

Apr 23, 2010 07:18AM Janney Montgomery Scott Reiterates a 'Buy' on Green Mountain Coffee Roasters (GMCR)

Apr 22, 2010 12:39PM Wall Street Can't Keep Up with Netflix (NFLX) Momentum

Apr 22, 2010 07:43AM Janney Montgomery Scott Downgrades CyberSource (CYBS) to Neutral; Increasing Fair Value, Lowering Rating Due to Acquisition

Apr 22, 2010 07:40AM Janney Montgomery Scott Upgrades Online Resources (ORCC) to Buy; Management Shuffle; Updates First Quarter Outlook

Apr 20, 2010 11:17AM Janney Montgomery Scott Reiterates a 'Buy' on Intuit (INTU); Valuation Remains Compelling

Apr 20, 2010 07:51AM Janney Montgomery Scott Reiterates a 'Buy' on Taleo (TLEO); Raises Fair Value

Apr 20, 2010 07:49AM Janney Montgomery Scott Reiterates a 'Neutral' Rating on Kenexa (KNXA); Raises Fair Value

Apr 20, 2010 07:47AM Janney Montgomery Scott Upgrades SuccessFactors (SFSF) to a Buy; Leader In The Space

Apr 19, 2010 04:22PM Janney Montgomery Scott Initiates Coverage on Gorman-Rupp Company (GRC) with a Buy; Improving Economy a Significant Tailwind

Apr 19, 2010 12:29PM Quaker Chemicals (KWR) Shares Make U-Turn...Even After Positive Comments From Janney Montgomery

Apr 19, 2010 07:24AM Janney Montgomery Scott Maintains a 'Buy' on Quaker Chemicals (KWR); Raises PT

Apr 19, 2010 07:20AM Janney Montgomery Scott Reiterates a 'Buy' on Amazon.com (AMZN); Expect Strong Q1 and solid Q2 Guidance

Apr 15, 2010 05:23PM Janney Montgomery Scott Upgrades Regal Entertainment Group (RGC) to Buy; Positioning For a Pinnacle

Apr 15, 2010 05:02PM Janney Montgomery Scott Downgrades Provident Financial Services (PFS) to Neutral; Valuation Call

Apr 15, 2010 04:22PM Janney Montgomery Scott Initiates Coverage on Microsoft (MSFT) with a Neutral; Upside Balances Downside

Apr 15, 2010 08:54AM Yum Brands (YUM) Serves Up Strong Q1 Profits

Apr 14, 2010 11:03AM Notable Analyst Rating Changes 04/14: AIB, ERIC, MCD, CREE Upgraded; POT/MOS, TWC/DTV, DNDN, NOK Downgraded

Apr 14, 2010 08:00AM Janney Montgomery Scott Upgrades McDonald's (MCD) to Buy; Franchisee Survey Suggests Improved Sales

Apr 14, 2010 07:16AM Janney Montgomery Scott Upgrades salesforce.com (CRM) to Buy; SaaS Powerhouse

Apr 13, 2010 07:32AM Janney Montgomery Scott Raising Q4 Estimates on Electronic Arts (ERTS); Near Term Outlook Improving

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