Analysts' Upgrades, Downgrades: DryShips

CHANGE IN RATINGS

AmerisourceBergen (ABC Quote) upgraded at Deutsche to Buy. $41.50 price target. Company has the cleanest fundamentals in the business. Expect little industry reform risk.

DryShips (DRYS Quote) upgraded at Oppenheimer from Perform to Outperform. $8 price target. See little further dilution after the latest offering.

Fidelity National (FIS Quote) upgraded at Oppenheimer. Rating raised to Outperform from Perform. Establishes price target of $25. Maintains 2009 EPS estimates of $1.61.

Illinois Tool Works (ITW Quote) downgraded at BB&T from Buy to Hold. Valuation call, as sales are weak but stable.

Palm (PALM Quote) downgraded at Morgan Joseph from Buy to Hold. Valuation call, with the stock reaching the $10 price target.

Quality Systems (QSII Quote) downgraded at BB&T to Hold. Valuation call, as the stock is up 79% since December 3.

STOCK COMMENTS / EPS CHANGES

Advanced Micro Devices (AMD Quote) estimates lowered at UBS. AMD loss estimates widened through 2010. Company seeing higher sales on improved PC trends, but is realizing higher loss from the Globalfoundries subsidiary. Neutral rating and $2.20 price target.

Baxter (BAX Quote) estimates raised at UBS through 2010. Bioscience division continues to be the main growth driver. Buy rating and $60 price target.

Bed, Bath & Beyond (BBBY Quote) numbers upped at Barclays to $27. Estimates also increased, following an upbeat meeting with management. Equal-weight rating.

Biogen Idec (BIIB Quote) estimates, target raised at Barclays to $40. Estimates also raised to reflect lower tax rates. Underweight rating.

Crown Holdings (CCK Quote) numbers raised at UBS to $29. Estimates also increased, because of improved operating efficiency. Buy rating.

Cypress Semi (CY Quote) estimates lowered at UBS through 2010. Company realizing better sales, but is facing higher stock compensation costs. Neutral rating and $7 price target.