Analyst Actions: AMD, FleetBoston and Xerox Upgraded

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Warburg Dillon Read upgraded Accredo (ACDO) to strong buy from buy.

Goldman Sachs

upped

Advanced Micro Devices

(AMD) - Get Report

to market outperform.

Lehman Brothers

raised its rating on

Alcatel

(ALA)

to outperform from neutral.

ING Barings

raised

American Airlines

parent

AMR

(AMR)

to strong buy from buy.

Deutsche Banc Alex. Brown

cut

Banco Rio

(BRS) - Get Report

to market perform from buy.

Warburg downgraded

Enzon

(ENZN)

to hold from buy.

PaineWebber

raised

FleetBoston

(FBF)

to buy from neutral.

Merrill Lynch

initiated coverage of

A.J. Gallagher

(AJG) - Get Report

with an intermediate-term accumulate rating.

Goldman cut its 2000 earnings per share estimate on

Micron Tech

(MU) - Get Report

to $3.75 from $4.00.

Goldman Sachs raised its 2000 earnings estimates on

Monsanto

by 15 cents to $1.30

(MTC) - Get Report

. But analyst Avi Nash also lowered the firm's 2001 EPS estimate to $1.60 from $1.75.

Joe Battipaglia,

Gruntal's

chief investment, strategist said he raised his year-end 2000 target on the

Nasdaq Composite Index

to 5,000 citing impressive growth among companies in the tech-heavy index.

Warburg initiated coverage of

Priority Healthcare

(PHCC)

with a strong buy rating.

Merrill Lynch cut its rating on

Terra Networks

(TRRA)

to accumulate from buy but kept a long-term buy rating on the stock.

Banc of America Securities

upgraded

Trammell Crow

(TCC)

to strong buy from buy on valuation.

Warburg initiated coverage of

Trizetto Group

(TZIX)

with a buy rating.

PaineWebber raised

Xerox

(XRX) - Get Report

to attractive from neutral.

Merrill reiterated a buy, and raised its price target on

Xilinx

(XLNX) - Get Report

to 70 from 62.