Monday's Analysts' Upgrades and Downgrades

CHANGE IN RATINGS

ArvinMeritor (ARM Quote) upgraded at UBS: ARM upgraded to Neutral rating from Reduce at UBS. Price target jumps to $20 from $14 and 2007 EPS estimates rise to $1.35 from $1.30.

American Axle (AXL Quote) upgraded at Deutsche: AXL was upgraded from Hold to Buy at Deutsche Bank. $30 price target. Company reported solid fourth quarter results, but significant risks remain to its core business.

Barnes & Noble (BKS Quote) upgraded at Prudential: BKS was upgraded from Neutral to Overweight at Prudential. $46 price target. New Harry Potter book could drive overall growth this summer.

Crocs (CROX Quote) upgraded at Baird: CROX was upgraded from Neutral to Outperform at Robert Baird. $80 price target. Company likely had a good fourth quarter, and is positioned well for 2007.

Dominion Resources (D Quote) upgraded at Deutsche: Rating on D was upgraded from Sell to Hold at Deutsche Bank. $81 price target. Recent legislature improves outlook for the VEPCO unit.

Dell (DELL Quote) upgraded at Credit Suisse: Credit Suisse is upgrading DELL to Outperform from Neutral based on future restructuring. Raised target price to $28 from $25.

Electronic Arts (ERTS Quote) downgraded at JP Morgan: ERTS was downgraded from Overweight to Neutral at JP Morgan. Stock already pricing in significant growth, but is facing increased competition over the coming quarters.

Genworth (GNW Quote) upgraded at Raymond James: GNW was upgraded to Outperform at Raymond James. Company appears attractively valued, after delivering solid first quarter results.

Lexmark (LXK Quote) downgraded at UBS: LXK downgraded to Reduce rating from Neutral at UBS. Price target lowered to $60 from $67 and 2007 EPS estimates bump down to $3.80 from $3.85.

Allscripts (MDRX Quote) downgraded at Weisel: MDRX was downgraded from Overweight to Market-weight at Thomas Weisel. Valuation call, even though the company should continue to benefit from the current secular growth cycle.

< Previous

1 2 3

Next >