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This morning, Credit Suisse First Boston slashed its rating on Bristol-Myers Squibb (BMY) - Get Bristol-Myers Squibb Company Report to hold from buy and PaineWebber cut it to neutral from attractive.

Yesterday, the nation's No. 3 drug-maker announced it had withdrawn a new hypertension treatment, Vanlev, after several patients required breathing tubes after using the drug.

Upgrades

Apple

(AAPL) - Get Apple Inc. Report

: price target UP to 160-155 from 125-130 at

Bear Stearns

.

Broadcom

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: UP to buy from attractive at PaineWebber.

Excite@Home

(ATHM) - Get Autohome Inc. Report

: UP to strong buy from buy at

SG Warburg

.

TheStreet Recommends

Ingersoll-Rand

(IR) - Get Ingersoll Rand Inc. Report

: UP to buy from outperform at

Lehman Brothers

; price target: 57.

Rational Software

(RATL)

: price target UP to 137 from 71 at CSFB.

Rohm & Haas

(ROH)

: UP to buy from market perform at

Donaldson Lufkin & Jenrette

.

TransWorld Air

(TWA)

: UP to market perform from underperform at

Goldman Sachs

.

Tredegar

(TG) - Get Tredegar Corporation Report

: UP to purchase list from market outperformer at Goldman Sachs.

Veritas

(VRTS) - Get Virtus Investment Partners, Inc. Report

: UP to strong buy from buy at

Banc of America

.

Vignette

(VIGN)

: UP to strong buy from buy at CSFB; price target: 90.

Downgrades

Symantec

(SYMC) - Get Symantec Corporation Report

: DOWN to buy from strong buy at Banc of America.

USX-Marathon

(MRO) - Get Marathon Oil Corporation Report

: DOWN to market perform from buy at DLJ.

Initiations

Internet Capital Group

(ICGE)

: NEW strong buy at Credit Suisse First Boston.