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Upgrades & Downgrades - March 25
(last updated 4:35pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

AT&TTLegg MasonOutperform» Buy History
Adobe SysADBEUSB Piper JaffrayNeutral» Buy History
Apache CorpAPASchroder & CoPerform In Line» Outperf. Signif. History
CloroxCLXMrgn Stnly Dn WttrNeutral» Outperform History
Cordiant CommunicCDAING Brng Frmn SelzHold» Buy -
Dollar ThriftyDTGSalomon Smth BrnyNeutral» Outperform History
Exodus CommsEXDSHambrecht & QuistBuy» Strong Buy History
General InstrumentGICInterstate/JohnsonLT Buy» Strong Buy History
Herman MillerMLHRMerrill LynchNT Neutral» NT Accumulate History
Hertz CorpHRZSalomon Smth BrnyOutperform» Buy History
Maytag CorpMYGSalomon Smth BrnyOutperform» Buy History
MedQuist, IncMEDQNeedham & CoHold» Buy History
National DataNDCSalomon Smth BrnyNeutral» Outperform History
Nokia CorpNOKAMrgn Stnly Dn WttrNeutral» Outperform History
O'Sullivan IndsOSUAG EdwardsMaintain» Buy History
OEC MedicalOXESouthwest SecuritiesAccumulate» Buy History
PECO EnergyPEPaineWebberAttractive» Buy History
SUPERVALUSVUFirst Union Cap MktsOutperform» Buy History
Tandy CorpTANSalomon Smth BrnyOutperform» Buy History
Trammell CrowTCCMrgn Stnly Dn WttrOutperform» Strong Buy History
UAL CorpUALSalomon Smth BrnyOutperform» Buy History
Vintage PetroleumVPIJP MorganMkt Perform» Buy History
Webster FinancialWBSTFAC/Eqts Fst AlbanyAccumulate» Buy History
eBay, IncEBAYPacific CrestBuy» Strong Buy History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Knoll, IncKNLAG EdwardsMaintain» Sell History
New CenturyNCEPaineWebberBuy» Neutral History
Nitinol MedicalNMTICSFBBuy» Hold -
Northern StatesNSPPaineWebberAttractive» Neutral History
OGE EnergyOGECIBC OppenheimerBuy» Hold History
Quantum CorpQNTMGruntal & CoStrong Buy» Buy History
SAP AGSAPMrgn Stnly Dn WttrOutperform» Neutral History
SCI SysSCIBear StearnsBuy» Attractive History
SCI SysSCICSFBStrong Buy» Hold History
Seagate TechSEGGruntal & CoStrong Buy» Buy History
Sheridan HealthcareSHCRNB MontgomeryBuy» Hold -
Texas UtilitiesTXUCIBC OppenheimerBuy» Hold History
Tyson FoodsTSNCSFBBuy» Hold History
United RoadURSIBB Rbrtsn StphnsStrong Buy» Buy History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

Amazon.comAMZNNB Montgomery» Buy History
Amer CapitalACASBB Rbrtsn Stphns» Buy -
Amer OnlineAOLNB Montgomery» Buy History
At Home CorpATHMNB Montgomery» Buy History
CDI CorpCDICSFB» Hold History
CSG SysCSGSLehman Bros» Buy History
Cintas CorpCTASCSFB» Hold History
Creditrust CorpCRDTNB Montgomery» Buy -
Delphi Auto SysDPHBT Alex. Brown» Mkt Perform History
Evans & SutherlandESCCPreferred Cap Mkts» Buy History
Excite, IncXCITNB Montgomery» Buy History
Exodus CommsEXDSING Brng Frmn Selz» Buy History
First ConsultingFCGISouthwest Securities» Accumulate History
Gap, IncGPSLadenburg Thalmann» Hold History
Infoseek CorpSEEKNB Montgomery» Buy History
Interim ServicesISCSFB» Strong Buy History
J.D. EdwardsJDECING Brng Frmn Selz» Hold History
Johnson & JohnsonJNJCIBC Oppenheimer» Hold History
Kelly ServicesKELYACSFB» Hold -
Labor ReadyLRWCSFB» Buy -
Lycos, IncLCOSNB Montgomery» Buy History
ManpowerMANCSFB» Hold History
MedQuist, IncMEDQEVEREN Sec.» IT Outperform History
Mercantile BancMTLFriedman Billings» Hold History
Midas, IncMDSRoney Cap Mkts» Buy History
MotivePowerMPOFriedman Billings» Buy History
PMC-SierraPMCSPrudential» Accumulate History
Robert Half Int'lRHICSFB» Buy History
Sprint PCSPCSING Brng Frmn Selz» Hold History
Star Gas PartnersSGUDain Rauscher» Strong Buy History
StarTek, IncSRTCSFB» Buy History
Verio, IncVRIONB Montgomery» Buy History
Veterinary CentersVCAISouthwest Securities» Buy History
Xoom.comXMCMNB Montgomery» Buy History
Yahoo!YHOONB Montgomery» Buy History
Yahoo!YHOOUSB Piper Jaffray» Strong Buy History

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For a list of brokerage firms' ratings systems, see Equity Ratings.
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