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Upgrades & Downgrades - June 11
(last updated 4:35pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

ADE CorpADEXAdams HarknessAccumulate» Strong Buy History
Dean Foods CoDFMerrill LynchNT Neutral» NT Accumulate History
JDA SoftwareJDASUSB Piper JaffrayNeutral» Buy History
National SemiNSMJP MorganMkt Perform» Buy History
Nucor CorpNUEMcDonald InvstHold» Buy History
Safety 1st, IncSAFTAdams HarknessMkt Perform» Accumulate History
Viacom IncVIAMerrill LynchLT Accumulate» LT Buy History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Asyst TechASYTFS Van KasperStrong Buy» Buy History
Closure MedicalCLSRSG CowenStrong Buy» Buy History
Innkeepers USAKPALehman BrosBuy» Outperform History
Iridium World CommsIRIDCE Unterberg TwbnHold» Sell History
MedQuistMEDQJC BradfordStrong Buy» Buy History
National SemiNSMJosephthal & LyonBuy» Hold History
National SemiNSMNeedham & CoStrong Buy» Buy History
PRI AutomationPRIAAdams HarknessAttractive» Mkt Perform History
Richfood HoldingsRFHFirst Union Cap MktsBuy» Hold History
V.F. CorporationVFCPrudentialStrong Buy» Accumulate History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

24/7 MediaTFSMPacific Crest Sec» Strong Buy History
Ace Ltd.ACLBanc of America Sec» Buy History
Airborne FreightABFCSFB» Hold History
AmeriSource HealthAASJP Morgan» Buy History
BancWest CorpBWEPacific Crest Sec» Mkt Perform History
Bay View CapitalBVCPaineWebber» Buy -
BroadVisionBVSNSG Cowen» Buy History
Budget GroupBDSalomon Smth Brny» Neutral History
Clearnet CommsCLNTFGoldman Sachs» Recomm. List History
Coca-Cola FemsaKOFSalomon Smth Brny» Buy History
Connetics CorpCNCTRaymond James» Buy -
DoubleClickDCLKPacific Crest Sec» Strong Buy History
FCNB CorpFCNBLegg Mason» Mkt Perform History
FDX CorpFDXCSFB» Hold History
Grupo ImsaIMYDeutsche Banc Alex. Br» Outperform History
InterVUITVUSG Cowen» Buy History
Lifepoint HospitalsLPNTDeutsche Banc Alex. Br» Buy History
Lockheed MartinLMTDeutsche Banc Alex. Br» Buy History
Mpath InteractiveMPTHUSB Piper Jaffray» Buy History
Northrop GrummanNOCDeutsche Banc Alex. Br» Mkt Perform History
NovellNOVLCIBC World Markets» Strong Buy History
PentairPNRFirst Union Cap Mkts» Buy History
RaytheonRTNDeutsche Banc Alex. Br» Buy -
Ryder SystemRCSFB» Strong Buy History
STMicroelectronicsSTMSalomon Smth Brny» Buy History
Sanchez ComputerSCAIABN AMRO» Buy History
SoftworksSWRXDain Rauscher» Buy Aggressive -
Southwest BancorpSWBTUSB Piper Jaffray» Buy History
Sylvan Learning SysSLVNUSB Piper Jaffray» Buy History
TSI Int'l SoftwareTSFWSG Cowen» Buy History
Tellabs, IncTLABBB Rbrtsn Stphns» Buy History
VerioVRIOAG Edwards» Maintain History
Vignette CorpVIGNSG Cowen» Buy History
Xtra CorpXTRCSFB» Buy History

(a) Brokerage firm initiating coverage participated in underwriting the recent IPO.
(b) Brokerage firm resumes coverage.
(c) Brokerage firm initiating coverage participated in the secondary offering.

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