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Monday's Analysts' Upgrades and Downgrades

 

CHANGE IN RATINGS

Chicago Mercantile Exchange (CME Quote) upgraded at Credit Suisse to Outperform from Neutral based on strong earnings contribution from CBOT. Raises target price on to $650 from $580.

Cognos (COGN Quote) upgraded at Credit Suisse to Outperform from Neutral based on fundamentals and strategic value support at a higher valuation. Maintained $46 target price.

Eagle Bulk Shipping (EGLE Quote) upgraded at UBS to Buy rating from Neutral at UBS. Price target lifts to $20.50 from $19.50. 2007 EPS estimates bump up to $1.47 from $1.45.

Fluor (FLR Quote) upgraded at Credit Suisse to Outperform from Neutral based on reduced risk associated with embassy problem projects. Raised target price to $112 from $80. ...

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