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Upgrades & Downgrades - May 07
(last updated 6:13pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

AT&T CorpTLegg MasonMkt Perform» Outperform History
BroadvisionBVSNKaufman BrosAccumulate» Buy History
Commonwealth EnergyCESEVEREN Sec.IT Mkt Perform» IT Outperform -
Costco CompaniesCOSTLehman BrosOutperform» Buy History
Global MarineGLMABN AMROOutperform» Buy History
Keebler FoodsKBLDLJMkt Perform» Buy History
KennametalKMTMerrill LynchLT Accumulate» LT Buy History
Kerr-McGeeKMGABN AMROHold» Outperform History
Litton IndustriesLITMrgn Stnly Dn WttrNeutral» Outperform -
Metzler GroupMETZBB Rbrtsn StphnsBuy» Strong Buy History
Monarch DentalMDDSStephens IncNeutral» Buy History
Royal DutchRDGoldman SachsMkt Perform» Trading Buy History
Shell TransportSCGoldman SachsMkt Outperform» Trading Buy History
Smithway MotorSMXCAG EdwardsMaintain» Buy History
SteriGenics Int'lSTERPaineWebberAttractive» Buy History
Weirton SteelWSLehman BrosNeutral» Outperform History
Whole Foods MarketWFMINB MontgomeryHold» Buy History
Whole Foods MarketWFMIUSB Piper JaffrayNeutral» Buy History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Amerada HessAHCPaineWebberBuy» Attractive History
Ashanti GoldfieldsASLGoldman SachsMkt Outperform» Mkt Perform History
Barrick GoldABXGoldman SachsOutperform» Mkt Perform History
Battle Mountain GoldBMGGoldman SachsMkt Perform» Mkt Underperform History
Brandywine RealtyBDNMerrill LynchNT Buy» NT Accumulate History
C.H. RobinsonCHRWScott & StringfellowLT Buy» Hold History
CambiorCBJGoldman SachsMkt Perform» Mkt Underperform History
Crystal SystemsCRYSFGruntal & CoBuy» Hold History
Deere & CompanyDEAG EdwardsMaintain» Reduce History
Echo Bay MinesECOGoldman SachsMkt Perform» Mkt Underperform History
Echo Bay MinesECOMrgn Stnly Dn WttrNeutral» Underperform History
Expeditors Int'l of WAEXPDGruntal & CoStrong Buy» Hold History
General DynamicsGDCIBC OppenheimerStrong Buy» Buy History
Genesis HealthGHVNB MontgomeryBuy» Hold History
Homestake MiningHMGoldman SachsMkt Perform» Mkt Underperform History
Kinross GoldKGCGoldman SachsMkt Perform» Mkt Underperform History
Kinross GoldKGCMrgn Stnly Dn WttrOutperform» Neutral History
Lihir Gold LimitedLIHRYGoldman SachsMkt Perform» Mkt Underperform -
Newmont MiningNEMGoldman SachsMkt Outperform» Mkt Perform History
PAREXEL Int'lPRXLING BaringsBuy» Hold History
Placer DomePDGGoldman SachsMkt Outperform» Mkt Perform History
ProMedCoPMCOPaineWebberAttractive» Neutral History
Rio Tinto PLCRTPJP MorganMkt Perform» Mkt Underperform History
Sunrise AssistedSNRZDain RauscherStrong Buy» Buy History
TVX GoldTVXGoldman SachsMkt Perform» Mkt Underperform History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

Ameritrade HoldingAMTDLehman Bros» Buy History
C-Cube MicrosysCUBELehman Bros» Buy History
CBL & Assoc.CBLMcDonald Invst» Buy History
CSG SystemsCSGSDLJ» Buy History
Canandaigua BrandsCBRNABear Stearns» Buy History
Computer SciencesCSCING Barings» Hold History
Delphi AutomotiveDPHPrudential» Strong Buy History
E*TRADE GroupEGRPLehman Bros» Buy History
FootstarFTSBear Stearns» Neutral History
InterVoiceINTVSouthwest Sec» Buy History
MonsantoMTCBear Stearns» Buy History
PE CP CeleraCRABear Stearns» Buy -
Progress SoftwarePRGSSouthwest Sec» Accumulate History
Radio One (a)ROIAPrudential» Strong Buy History
Stanford TelecommSTIIFerris Baker» Buy -
Sypris SolutionsSYPRNeedham & Co» Buy History
Terayon CommTERNStephens Inc» Buy History
Trex CompanyTWPFirst Union Cap Mkts» Buy -
UniCapital CorpUCPSouthwest Sec» Buy History
Washington Mutual (b)WMCSFB» Buy History

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