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Analyst Actions: AMD, FleetBoston and Xerox Upgraded

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Warburg Dillon Read upgraded Accredoundefined to strong buy from buy.

Goldman Sachs

upped

Advanced Micro Devices

(AMD)

to market outperform.

Lehman Brothers

raised its rating on

Alcatel

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to outperform from neutral.

ING Barings

raised

American Airlines

parent

AMR

(AMR)

to strong buy from buy.

Deutsche Banc Alex. Brown

cut

Banco Rio

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to market perform from buy.

Warburg downgraded

Enzon

(ENZN)

to hold from buy.

PaineWebber

raised

FleetBoston

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to buy from neutral.

Merrill Lynch

initiated coverage of

A.J. Gallagher

(AJG)

with an intermediate-term accumulate rating.

Goldman cut its 2000 earnings per share estimate on

Micron Tech

(MU)

to $3.75 from $4.00.

Goldman Sachs raised its 2000 earnings estimates on

Monsanto

by 15 cents to $1.30

(MTC)

. 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

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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)

to attractive from neutral.

Merrill reiterated a buy, and raised its price target on

Xilinx

(XLNX)

to 70 from 62.