Analyst Actions: Boeing, Alcoa, Cablevision, Data Storage Stocks

Author:
Publish date:

Updated from 8:41 a.m. EST.

This morning, Dow components

Alcoa

(AA) - Get Report

and

Boeing

(BA) - Get Report

both went under analysts' knives. Alcoa was cut to outperform from strong buy at

Morgan Stanley Dean Witter

and Boeing was cut to buy from strong buy at

First Union Securities

.

Upgrades

Citrix

(CTXS) - Get Report

: UP to buy from hold at

UBS Warburg

.

Pall

(PLL) - Get Report

: UP to buy from market perform at

Banc of America Securities

.

Downgrades

Analog Devices

(ADI) - Get Report

: DOWN to neutral from outperform at Morgan Stanley Dean Witter.

Bed Bath & Beyond

(BBBY) - Get Report

: DOWN to buy from strong buy at

Deutsche Bank Alex. Brown

.

Brinker International

(EAT) - Get Report

: DOWN to neutral from buy at

Lehman Brothers

.

Cablevision

(CVC)

: DOWN to buy from strong buy at

UBS Warburg

.

Cacheflow

(CFLO)

: DOWN to buy from strong buy at

Robertson Stephens

.

Capital One Financial

(COF) - Get Report

: DOWN to buy from strong buy at UBS Warburg.

Certicom

(CERT)

: DOWN to long-term attractive from buy at Robertson Stephens.

Dow Chemical

(DOW) - Get Report

: DOWN to hold from strong buy at UBS Warburg.

Du Pont

(DD) - Get Report

: DOWN to hold from strong buy at UBS Warburg.

EMC

(EMC)

: DOWN to long-term attractive from buy at Robertson Stephens.

Inktomi

(INKT)

: DOWN to long-term attractive from buy at Robertson Stephens.

Internet Security Systems

(ISSX)

: DOWN to long-term attractive from buy at Robertson Stephens.

Linens 'n Things

(LIN) - Get Report

: DOWN to buy from strong buy at

Deutsche Bank Alex. Brown

.

Netegrity

(NETE) - Get Report

: DOWN to buy from strong buy at Robertson Stephens.

Netiq

(NTIQ)

: DOWN to long-term attractive from buy at Robertson Stephens.

Network Appliance

(NTAP) - Get Report

: DOWN to long-term attractive from buy at Robertson Stephens.

Network Engines

(NENG)

: DOWN to long-term attractive from buy at Robertson Stephens.

Priority Healthcare

(PHCC)

: DOWN to market outperform from trading buy at

Morgan Stanley Dean Witter

.

Providian Financial

(PVN)

: DOWN to buy from strong buy at UBS Warburg.

Proxim

(PROX)

: DOWN to neutral from outperform at Morgan Stanley Dean Witter.

Quest Software

(QSFT)

: DOWN to buy from strong buy at Robertson Stephens.

Rogers Wireless Communications

(RCN)

: DOWN to neutral from outperform at Morgan Stanley Dean Witter.

Verisign

(VRSN) - Get Report

: DOWN to long-term attractive from buy at Robertson Stephens.

Veritas

(VRTS) - Get Report

: DOWN to long-term attractive from buy at Robertson Stephens.

Waste Connections

(WCNX)

: DOWN to hold from buy at

Credit Suisse First Boston

.

Initiations

APAC TeleServices

(APAC)

: NEW buy at

ABN Amro

; price target: $20.

Garmin

(GRMN) - Get Report

: NEW strong buy at Credit Suisse First Boston; price target: $28.

Rigel Pharmaceuticals

(RIGL) - Get Report

: NEW buy at Robertson Stephens; price target: $26.