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

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

Alaska Air GroupALKSalomon Smth BrnyOutperform» Buy History
BeldenBWCING BaringsHold» Strong Buy History
Cendant CorpCDMerrill LynchNT Neutral» NT Accumulate History
Chase ManhattanCMBBanc of America SecHold» Buy History
Chevron CorpCHVDeutsche BankSell» Hold History
Citigroup IncCBanc of America SecHold» Buy History
Devon EnergyDVNBanc of America SecHold» Buy History
Electronic Data SysEDSMrgn Stnly Dn WttrNeutral» Strong Buy History
Enron CorpENESalomon Smth BrnyNeutral» Outperform History
General MillsGISDLJMkt Perform» Buy History
LycosLCOSCSFBHold» Buy History
Papa John's Int'lPZZADain RauscherBuy» Strong Buy History
Sypris SolutionsSYPRStephens IncMkt Outperform» Buy History
Wendy's Int'lWENBB Rbrtsn StphnsBuy» Strong Buy History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Avis Rent A CarAVIJP MorganBuy» Mkt Perform History
First Union CorpFTUAG EdwardsBuy» Reduce History
First Union CorpFTUCSFBBuy» Hold History
First Union CorpFTUJP MorganBuy» Mkt Perform History
First Union CorpFTUJanney Mntgmy ScottAccumulate» Sell History
First Union CorpFTUSalomon Smth BrnyOutperform» Neutral History
Fuisz TechFUSESalomon Smth BrnyOutperform» Neutral History
IntelligroupITIGScott & StringfellowLT Buy» Hold History
Just For FeetFEETBT Alex. BrownBuy» Mkt Perform History
Just For FeetFEETMerrill LynchLT Buy» LT Accumulate History
Just For FeetFEETMerrill LynchNT Buy» NT Neutral History
McKesson HBOCMCKJP MorganOutperform» Neutral History
Micron TechMUING BaringsHold» Sell History
Promus HotelPRHMerrill LynchLT Buy» LT Accumulate History
Promus HotelPRHMerrill LynchNT Accumulate» NT Neutral History
Promus Hotel CorpPRHRaymond JamesBuy» Accumulate History
ResortQuest Int'lRZTBanc of America SecBuy» Hold History
Sara Lee CorpSLEDLJBuy» Mkt Perform History
Stryker CorpSYKUSB Piper JaffrayBuy» Neutral History
Veritas DGCVTSDain RauscherBuy» Neutral History
Vlasic FoodsVLGoldman SachsMkt Perform» Mkt Underperform History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

AetnaAETSalomon Smth Brny» Outperform History
American Int'l GrAIGDLJ» Buy History
Associates First CapAFSCIBC World Market» Buy History
Best Buy CoBBYUSB Piper Jaffray» Buy History
CIBER, IncCBRSouthwest Sec» Buy History
CMGI IncCMGIPrudential» Strong Buy History
Champion Int'lCHAWarburg Dlln Rd» Buy History
CompUSACPUUSB Piper Jaffray» Neutral History
Cooper IndustriesCBEMerrill Lynch» Accumulate/Buy History
Foundation HealthFHSSalomon Smth Brny» Outperform History
Genesys TelecommGCTIPreferred Cap Mkts» Strong Buy -
Heidrick & Struggles Int'HSIIGoldman Sachs» Recomm. List History
Home DepotHDUSB Piper Jaffray» Buy History
HumanaHUMSalomon Smth Brny» Neutral History
Lifepoint HospitalsLPNTDLJ» Mkt Perform History
Lowe's CoLOWUSB Piper Jaffray» Buy History
MIPS TechMIPSBT Alex. Brown» Buy History
MarimbaMRBABT Alex. Brown» Buy -
Marimba IncMRBAHambrecht & Quist» Buy -
Mpath Interactive (a)MPTHBB Rbrtsn Stphns» Buy -
Mpath Interactive (a)MPTHWarburg Dlln Rd» Buy -
Mutual Risk ManageMMLegg Mason» Buy History
Noble DrillingNECSFB» Buy History
OneMain.comONEMFirst Union Cap Mkts» Buy History
Pacificare HealthPHSYBSalomon Smth Brny» Neutral History
Park Place EnterPPEDLJ» Buy History
Pegasus SysPEGSBear Stearns» Buy History
Providian FinancialPVNCIBC World Market» Strong Buy History
Razorfish Inc (a)RAZFBB Rbrtsn Stphns» Buy History
Select AppointSELAHSBC Securities» Add History
Statia TerminalsSTNVMrgn Stnly Dn Wttr» Outperform -
Stewart EnterSTEIJefferies & Co» Buy History
Tiffany & CoTIFUSB Piper Jaffray» Neutral History
TransCoastal MarineTCMSStephens Inc» Buy -
Trigon HealthcareTGHSalomon Smth Brny» Outperform History
United HealthCareUNHSalomon Smth Brny» Buy History
WellPoint HealthWLPSalomon Smth Brny» Buy History

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