J.P. Morgan downgraded its rating on Allstate (ALL) - Get Allstate Corporation Report to market perform from long-term buy. It also lowered its 2000 earnings estimate for the company to $2.55 from $2.80 per share.
The firm also downgraded
to market perform from buy.
Donaldson Lufkin & Jenrette
also downgraded the stock to buy from top pick and
Morgan Stanley Dean Witter
axed UNUMProvident's rating to outperform from strong buy.
Credit Suisse First Boston
to strong buy from buy and set a low-60's price target.
launched coverage of
to near-term accumulate from neutral.
Warburg Dillon Read
initiated coverage of
with a hold rating and a price target of 42. The firm also launched coverage oN
at a buy with a price target of 25.
ING Barings launched coverage of
at a strong buy with a price target of 18.
to trading buy from market outperform.
Warburg Dillon Read downgraded
to hold from strong buy on valuation, the firm said.
ING Barings initiated coverage of
with an outperform rating.