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Upgrades & Downgrades - August 19
(last updated 6:10pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

ADC TelecommsADCTStephens IncMkt Outperform» Buy History
AES CorpAESGoldman SachsMarket Outperform» Recommended List History
Applied PowerAPWThomas WeiselBuy» Strong Buy History
Apria HealthcareAHGPrudentialAccumulate» Strong Buy History
Barclays PLCBCSMerrill LynchLT Accum» LT Buy History
Barclays PLCBCSMerrill LynchNT Accum» NT Buy History
Birmingham SteelBIRGoldman SachsMarket Perform» Market Outperform History
CV TherapeuticsCVTXDLJBuy» Top Pick History
Cato CorporationCACOAJC BradfordBuy» Strong Buy -
Devon EnergyDVNDain Rauscher WesselsBuy Aggressive» Strong Buy Aggress History
Georgia GulfGGCGoldman SachsMarket Outperform» Recommended List History
Halliburton CoHALSouthwest SecsAccumulate» Buy History
Solutia, Inc.SOIBear StearnsAttractive» Buy History
Wolverine TubeWLVPrudentialSell» Hold History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Allegheny Energy, Inc.AYECIBC World MarketsBuy» Hold History
Ameritrade HoldingAMTDPacific CrestStrong Buy» Buy History
Food Lion IncFDLNABanc of America SecBuy» Market Perform History
Food Lion IncFDLNALegg MasonBuy» Mkt Perform History
Hannaford Bros.HRDAG EdwardsMaintain Position» Sell History
Hannaford Bros.HRDLegg MasonBuy» Mkt Perform History
Ligand PharmsLGNDLegg MasonOutperform» Mkt Perform History
Providian FinancialPVNAG EdwardsAccumulate» Maintain Position History
Venator GroupZBrown BrothersST Buy» ST Neutral History
Westinghs Air BrakeWABUSB Piper JaffrayStrong Buy» Buy -


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

Adolph Coors CoRKYSchroder & Co» Outperf. Signif. History
AllscriptsMDRXWit Capital» Outperform History
Allscripts (a)MDRXCIBC World Markets» Strong Buy History
Alterra HealthcareALISouthwest Secs» Buy History
AmSouth BancASOSchroder & Co» Outperform History
Arvin IndustriesARVPrudential» Accumulate History
Atlantic BankATLBJanney Mntgmy Scott» Buy History
AzurixAZXBanc of America Sec» Buy History
BB&T CorpBBTSchroder & Co» Perform-In-Line History
BEBE StoresBEBEFirst Union Cap Mkts» Buy History
Bank of AmericaBACSchroder & Co» Outperform History
Cephalon, Inc.CEPHUSB Piper Jaffray» Strong Buy History
Colnl BancGrpCNBSchroder & Co» Outperform History
Commtouch Sftwr (a)CTCHWarburg Dillon Read» Strong Buy History
Compass BancCBSSSchroder & Co» Outperform History
CyberonicsCYBXSG Cowen» Buy History
Energen CorporationEGNMrgn Stnly Dn Wttr» Outperform History
Equitable ResourcesEQTMrgn Stnly Dn Wttr» Outperform History
First Union CorpFTUSchroder & Co» Outperform History
France TelecomFTEDLJ» Buy History
Golden West FinclGDWFriedman Billings» Accumulate History
Haemonetics Corp (a)HAEMerrill Lynch» NT Accum/LT Buy History
Marsh & McLennanMMCWilliam Blair» LT Buy History
Pinnacle Holdings, Inc.BIGTMerrill Lynch» NT Accum/LT Buy History
ProBusiness SvcsPRBZDain Rauscher Wessels» Buy Aggressive History
Profit Recovery Grp (b)PRGXRobinson Humphrey» ST Mkt Perform History
Proxicom (b)PXCMDeutsche Bc Alex. Br» Buy History
Quantum DLT StgDSSHambrecht & Quist» Buy History
Quantum Hrd DrvHDDHambrecht & Quist» Market Perform History
Questar CorporationSTRMrgn Stnly Dn Wttr» Outperform History
Regions FinancialRGBKSchroder & Co» Outperform History
Safeway, Inc.SWYPaineWebber» Buy History
Santa Fe Snyder (b)SFSCSFB» Strong Buy History
ShopKo StoresSKOWilliam Blair» Buy History
Silknet SoftwareSILKAdams Harkness» Market Perform History
SouthTrust CorpSOTRSchroder & Co» Outperform History
St. Paul Companies, TheSPCFriedman Billings» Market Perform History
SunSource, Inc. (b)SDPLehman Brothers» Outperform History
SunTrust BanksSTISchroder & Co» Outperf. Signif. History
USA NetworksUSAIThomas Weisel» Strong Buy History
Wachovia CorpWBSchroder & Co» Perform-In-Line History
drkoop.comKOOPE*OFFERING» 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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