Tuesday's Analysts' Upgrades and Downgrades

Tidewater (TDW Quote) upgraded at UBS: TDW upgraded to Neutral rating from Reduce at UBS. However, price target is lowered to $52 from $56. Maintains 2007 EPS estimates at $5.56.

Tween Brands (TWB Quote) downgraded at Friedman, Billings: TWB was downgraded to Market Perform at Friedman, Billings Ramsey. Company warned of lower sales and earnings this quarter. Stock also removed from the Top Picks list. $41 price target.

Wet Seal (WTSLA Quote) rated new Outperform at Credit Suisse: Credit Suisse is initiating WTSLA with an Outperform rating. Cites new management team and repositioned retail concepts provides attractive opportunity. Sets $9 target price.

STOCK COMMENTS / EPS CHANGES

Borders (BGP Quote) estimates slashed at Goldman: Goldman is cutting its 2008 estimates on BGP to $0.74 from $1.00 after company preannounced disappointing Q4 results, driven by soft domestic sales, higher promotional activity, and higher costs associated with writedowns. See likely restructuring ahead. Maintained Neutral rating. Price target down to $23 from $24.

Boston Scientific (BSX Quote) price target raised at UBS: BSX price target raised at UBS. Price objective upped to $18.50 from $17. Reiterates Neutral rating.

General Electric (GE Quote) target price raised at Credit Suisse: Credit Suisse is raising its price target on GE to $41 from $39 following Vetco acquisition. Maintained Outperform rating.

Time Warner (TWX Quote) target boosted at Merrill: TWX target raised to $27 a share at Merrill Lynch. Stock is likely in early stages of a multi-year rally. Cable business should continue to garner a higher multiple. Buy rating.