Market Upgrades on 5/10/11- HEOP, KNDL, KWK, LPX, MR, ROSE, SAM, SKS, VIA.B, ALKS, BAP, COLB, CPN, FE, GBL, GTXI

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Raymond James upgraded shares of Heritage Oaks Bancorp (HEOP), a holding company for Heritage Oaks Bank (the Bank) from an “underperform” rating to a “market perform” rating.

Raymond James upgraded shares of Kendle International (KNDL), a global clinical research organization (CRO) that provides a range of Phase I to IV global clinical development services to the biopharmaceutical industry from an “underperform” rating to a “market perform” rating.

Global Hunter Securities upgraded shares of Quicksilver Resources Inc (KWK), an independent energy company, from a “neutral” rating to a “buy” rating. They now have a $17.50 price target on the stock, up previously from $17.00.

TD Newcrest upgraded shares of Louisiana-Pacific Co. (LPX), principally engaged in the manufacturing of building products, from a “reduce” rating to a “hold” rating.

Oppenheimer upgraded shares of Mindray Medical International Limited (MR) from a “perform” rating to an “outperform” rating. They now have a $32.00 price target on the stock.

Wunderlich upgraded shares of Rosetta Resources Inc. (ROSE) from a “hold” rating to a “buy” rating. They now have a $57.00 price target on the stock, up previously from $47.00.

HSBC upgraded shares of The Boston Beer Company Inc. (SAM) from an “underweight” rating to a “neutral” rating.

Goldman Sachs upgraded shares of Saks Inc (SKS) from a “sell” rating to a “neutral” rating. They now have a $12.00 price target on the stock.

Argus upgraded shares of Viacom Inc. (VIA.B) from a “hold” rating to a “buy” rating. They now have a $65.00 price target on the stock.

Leerink upgraded shares of Alkermes Inc. (ALKS) to an “outperform” rating, UBS AG upgraded shares of Credicorp Ltd. (BAP) to a “buy” rating.

McAdams Wright Ragen upgraded shares of Columbia Banking (COLB) to a “buy” rating. They now have a $22.00 price target on the stock.

Dahlman Rose upgraded shares of Calpine (CPN) from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock.

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Wells Fargo & Co. upgraded shares of FirstEnergy Corp. (FE) from a “market perform” rating to an “outperform” rating.

Bank of America Merrill Lynch upgraded shares of Gamco Investors Inc. (GBL) from a “neutral” rating to a “buy” rating. They now have a $61.00 price target on the stock.

Lazard Capital upgraded shares of GTx Inc. (GTXI) from a “neutral” rating to a “buy” rating. They now have a $8.00 price target on the stock. GTx, Inc. is a biopharmaceutical company dedicated to the discovery, development and commercialization of small molecules that targets hormone pathways to treat cancer, osteoporosis and bone loss, muscle loss and other serious medical conditions.

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