Thursday's Analysts' Upgrades and Downgrades

STOCK COMMENTS / EPS CHANGES

AmerisourceBergen (ABC Quote) numbers raised at UBS: ABC numbers raised at UBS. 2007 EPS estimates rise to $2.58 from $2.53. Price target jumps to $50 from $44. Reiterates Reduce rating.

Allegheny Technologies (ATI Quote) estimates raised at Prudential: Prudential is raising its 2007 estimates on ATI by $1 to $8 a share due to pricing rising more than expected. Maintained Neutral Weight rating.

Check Point Software (CHKP Quote) numbers raised at Jefferies: CHKP numbers raised at Jefferies. Price target upped to $30 from $25. 2007 EPS estimates rise to $1.53 from $1.45. Reiterates Buy rating.

Ethan Allen (ETH Quote) estimates raised at Goldman: 2007 estimates on ETH upped to $2.51 from $2.42 at Goldman. Q2 results came in better than Goldman estimates due to expense control. Maintained Neutral rating and $38 target.

Corning (GLW Quote) added to Focus List at JP Morgan: GLW was added to the Focus List at JP Morgan. $26 price target. Glass price pressure and supply issues have largely been eliminated.

Hershey's (HSY Quote) estimates lowered at Goldman: Goldman is cutting its 2007 estimates on HSY to $2.54 from $2.62 based on disappointing Q4 earnings. See weak top-line trends, higher-than-anticipated obsolescence costs, and slower new product contributions. Price target at $54. Maintained Neutral rating.

Intersil (ISIL Quote) numbers lowered at Jefferies: ISIL numbers lowered at Jefferies. 2007 EPS estimates fall to $1.26 from $1.39 and price target drifts to $28 from $30. Reiterates Buy rating.

Intersil estimates lowered at Credit Suisse: Credit Suisse is lowering its 2007 EPS estimates on ISIL to $1.02 from $1.09 following Q4 miss. Lowered target price to $26 from $30.

LSI Logic (LSI Quote) estimates reduced at Goldman: Goldman is slashing its 2007 estimates on LSI to $0.42 from $0.51 after management provided disappointing forward guidance. Company expects seasonal softness to impact all segments. Pending merger of LSI and Agere is progressing towards a close, likely at end of this quarter. Shares not rated by Goldman.