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Upgrades & Downgrades - June 28
(last updated 4:35pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

ABC-NACOABCRING BaringsHold» Strong Buy History
Alterra HealthcareALIJefferies & CoUnderperform» Buy History
AmeritechAITPaine WebberNeutral» Buy History
Callaway GolfELYAG EdwardsMaintain Position» Buy History
Campbell SoupCPBJanney Montgomery ScottHold» Accumulate History
Commonwealth Ind.CMINCSFBHold» Buy History
First DataFDCCSFBBuy» Strong Buy History
INCO LimitedNMerrill LynchNT Accum» NT Buy History
JONES PHARMAJMEDBB Robertson StephensBuy» Strong Buy History
Northrop GrummanNOCING BaringsHold» Buy History
Precision DrillingPDSJefferies & CoHold» Buy History
SBC CommsSBCPaine WebberNeutral» Buy History
Santa Fe SnyderSFSFriedman BillingsMarket Perform» Accumulate -
UTI EnergyUTIDain Rauscher WesselsBuy Aggressive» Strong Buy Aggress History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

AmeriSource HealthAASFirst Union Cap MktsBuy» Outperform History
Avant!AVNTHambrecht & QuistBuy» Market Perform History
Bindley Western Ind.BDYFirst Union Cap MktsBuy» Outperform History
Cardinal HealthCAHFirst Union Cap MktsBuy» Outperform History
Central & South WestCSRGoldman SachsMarket Outperform» Market Underperform History
CitationCASTDeutsche Bc Alex. BrBuy» Mkt Perform History
CovanceCVDDain Rauscher WesselsBuy» Neutral History
MCN Energy GroupMCNPaine WebberBuy» Attractive History
TransTechnologyTTEVEREN Sec.IT Outperform» IT Market Perform History
UNUM Corp.UNMDLJTop Pick» Buy History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

Advanced Fibre Comm.AFCIJosephthal & Lyon» Buy History
Advantica RestaurantDINEDLJ» Market Perform -
AnswerThink ConsltngANSRSouthWest Securities» Buy History
Cap. Environmt. ResourceCERICSFB» Strong Buy -
CoinstarCSTRDLJ» Buy -
Delphi Auto SysDPHRoney Capital Mkts» Strong Buy History
Fifth Third BancorpFITBPacific Crest» Market Perform History
ICON plcICLRJC Bradford» Neutral History
OEC Medical SystemsOXEAdams Harkness» Accumulate History
Paine WebberPWJSalomon Smith Barney» Outperform History
Pegasus CommsPGTVING Barings» Buy History
Pitney BowesPBIGoldman Sachs» Market Outperform History
Portal SoftwarePRSFCSFB» Buy History
Research In MotionRIMMCIBC World Markets» Strong Buy History
SchlumbergerSLBSouthWest Securities» Accumulate History
Zany Brainy (a)ZANYDeutsche Bc Alex. Br» Buy -
Zany Brainy (a)ZANYUSB Piper Jaffray» Strong Buy -
iXL Enterprises (a)IIXLBB Robertson Stephens» Buy -
iXL Enterprises (a)IIXLDLJ» Buy -
iXL Enterprises (a)IIXLMerrill Lynch» NT Accum/LT Buy -

(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.

More in-depth information is available from Briefing.com, including "live" intra-day market analysis of the U.S. stock and bond markets, technology stocks, economic releases, earnings reports, and day trading highlights.


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