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Tuesday's Analyst Upgrades and Downgrades

Stock quotes in this article: ADCT , ALB , ARRS , CNW , DIS , EL , LEAP , MCD  

Change In Ratings

ADC Telecom(ADCT Quote) upgraded at UBS to buy from neutral on cheap valuation metrics. Price target and fiscal-year 2008 EPS estimates hold at $19.50 and $1.08, respectively.

Albermarle(ALB Quote) downgraded at Oppenheimer from outperform to perform. Oppenheimer cut 2008 estimates 15% to reflect surprise lower polymer additives and fine chemicals results.

Arris Group(ARRS Quote) upgraded at UBS to buy from neutral. Price target and fiscal-year 2008 EPS estimates hold at $11.50 and 81 cents, respectively.

Con-way(CNW Quote) upgraded at JPMorgan from neutral to overweight. JPMorgan said the stock should outperform in a cycle of heavy interest rate easing by the Fed. 2008 guidance also looks conservative. ...

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