Analyst Actions: First Boston Ups Amgen; PaineWebber Cuts Amazon Target

Credit Suisse First Boston upgraded Amgen (AMGN Quote) to strong buy from buy.

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PaineWebber lowered its price target on Amazon.com (AMZN Quote) to 68 from 74.

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Warburg Dillon Read upgraded Altera (ALTR Quote) to strong buy from buy.

Lehman Brothers lowered Cordant Technologies (CDD Quote) to neutral from a buy rating.

J.P. Morgan started coverage of drugstore.com (DSCM Quote) with a buy rating and a price target of 35.

Donaldson Lufkin & Jenrette upgraded Fiat (FIA Quote) to market performance from underperform.

Lehman Brothers upped its 12-month price target on Kulicke & Soffa (KLIC Quote) to 98 from 82.

Warburg Dillon Read initiated coverage of Magic Software (MGIC Quote) at buy with a price target of 44.

Morgan Stanley Dean Witter lifted Partner Communications' (PTNR Quote) price target to $28.80 from $24.70.