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Upgrades & Downgrades - October 27
(last updated 6:02pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

Ackerley GroupAKFirst Union SecBuy» Strong Buy History
Active VoiceACVCFAC/Eqts First AlbanyAccumulate» Buy History
Argosy GamingAGYPrudentialHold» Accumulate History
Argosy GamingAGYWasserstein PerellaBuy» Strong Buy History
CTS CorpCTSWasserstein PerellaBuy» Strong Buy History
Caremark RxCMXBanc of America SecMarket Perform» Buy History
Circuit CityCCBanc of America SecBuy» Strong Buy History
Columbia EnergyCGBanc of America SecBuy» Strong Buy History
Columbia SportswrCOLMBanc of America SecMarket Perform» Buy History
EarthWebEWBXCE Unterberg TowbinBuy» Strong Buy History
Flowserve CorpFLSS&P Equity ResearchAvoid» Accumulate History
Gilead SciencesGILDING BaringsBuy» Strong Buy History
Greenpoint FinlGPTBanc of America SecMarket Perform» Buy History
Hartford LifeHLIAG EdwardsAccumulate» Buy History
Intl RectifierIRFLehman BrothersNeutral» Buy History
Jones ApparelJNYJP MorganLT Buy» Buy History
Liberty PropertyLRYPaineWebberAttractive» Buy History
MAPICSMAPXGruntal & CoNT Underperformer» NT Mkt Performer History
Manhattan AssocMANHKaufman BrosHold» Accumulate History
ManpowerMANCSFBHold» Buy History
Newell RubbermaidNWLJanney Mntgmy ScottHold» Accumulate History
Niagara MohawkNMKPaineWebberUnattractive» Attractive History
Nortel NetworksNTJP MorganLT Buy» Buy History
Owens CorningOWCWarburg Dillon ReadHold» Buy History
Petro Geo SvcPGOWarburg Dillon ReadBuy» Strong Buy History
Rayonier Inc.RYNCSFBHold» Buy History
Roper IndsROPSalomon Smth BrnyOutperform» Buy History
SepracorSEPRAdams HarknessMarket Perform» Accumulate History
Utd IlluminatingUILJanney Mntgmy ScottHold» Accumulate History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

Acxiom CorpACXMDeutsche Bc Alex. BrStrong Buy» Buy History
Alternative ResrcsALRCFirst Union SecStrong Buy» Hold History
Avista Corp.AVALegg MasonBuy» Outperform History
BMC IndustriesBMCUSB Piper JaffrayStrong Buy» Neutral History
Boston ScientificBSXGruntal & CoNT Outperformer» NT Mkt Performer History
Dell ComputerDELLHambrecht & QuistBuy» Market Perform History
Department 56DFSABN AMROBuy» Hold History
Hartford FinclHIGAG EdwardsAccumulate» Maintain Position History
Hearst-Argyle TVHTVCSFBStrong Buy» Buy History
Home ProductsHPIIBB Rbrtsn StphnsBuy» LT Attractive History
Inacom CorpICOJP MorganBuy» Mkt Perform History
JLG IndustriesJLGJanney Mntgmy ScottBuy» Accumulate History
MattelMATABN AMROBuy» Outperform History
Ranger OilRGOSalomon Smth BrnyBuy» Outperform History
Smithfield FoodsSFDDeutsche Bc Alex. BrStrong Buy» Buy -
Sun BancorpSNBCAdvest IncStrong Buy» Market Perform History
Sun BancorpSNBCJanney Mntgmy ScottAccumulate» Hold History
TJ IntlTJCOFirst Union SecBuy» Hold History
Tanning TechTANNING BaringsStrong Buy» Buy History
Werner EntrprsWERNDeutsche Bc Alex. BrStrong Buy» Buy History
Wesco IntlWCCING BaringsStrong Buy» Buy History
Western ResourcesWRFirst Union SecStrong Buy» Buy History
Western WirelessWWCARobinson HumphreyLT Buy» LT Mkt Perform History
eBayEBAYDeutsche Bc Alex. BrBuy» Mkt Perform History
eBayEBAYSands BrosBuy» Neutral History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

Acme Comms (a)ACMEMrgn Stnly Dn Wttr» Neutral History
Biovail CorpBVFMrgn Stnly Dn Wttr» Outperform History
BlackRockBLKSalomon Smth Brny» Buy -
BlackRock (a)BLKMerrill Lynch» NT Buy/LT Buy -
Concentric NtwrkCNCXSands Bros» Buy History
Covad CommsCOVDSands Bros» Neutral History
Forest LabsFRXBB Rbrtsn Stphns» Buy History
Goldman SachsGSJP Morgan» LT Buy History
Micron TechMUThomas Weisel» Buy History
NetSolveNTSLThomas Weisel» Buy History
Quanta ServicesPWRMrgn Stnly Dn Wttr» Outperform History
Rhythms NetConn. (b)RTHMHambrecht & Quist» Buy History
Snyder Comms (b)SNCDeutsche Bc Alex. Br» Buy History
VerioVRIOAdams Harkness» Accumulate History
VerioVRIOSands Bros» Buy History
Vixel Corp (a)VIXLBB Rbrtsn Stphns» Buy -
Vixel Corp (a)VIXLNeedham & Co» Buy -
Williams Comms (a)WCGLehman Brothers» Buy History
Williams Comms (a)WCGMerrill Lynch» NT Accum/LT Buy History
Williams Comms (a)WCGSalomon Smth Brny» Buy History

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