Publish date:

Analyst Actions: Burlington and Noble Upgraded; Ball Launched With Buy Rating

Author:

J.P. Morgan

initiated coverage of

Ball

(BLL) - Get Report

with a buy rating.

Warburg Dillon Read

upgraded oil and gas exploration company

Burlington Resources

(BR) - Get Report

to strong buy from hold.

Bear Stearns

analyst Scott Ehrens initiated coverage of

Buy.com

(BUYX)

with a buy rating.

Merrill Lynch

upgraded its intermediate-term rating on

Firstar

(FSR)

to accumulate from neutral. It kept its long-term buy rating on the stock.

Lehman Brothers

initiated coverage of

First Bell

with a neutral rating.

Merrill Lynch

initiated coverage of

Magic Software

(MGIC) - Get Report

, an Israel-based business solutions and software company, with a buy rating and a 12-month price target of 40.

Warburg upgraded

TST Recommends

Masco

(MAS) - Get Report

to strong buy from buy.

Credit Suisse First Boston

upgraded

Nextel Communications

(NXTL)

to strong buy from buy.

Warburg Dillon Read upgraded oil and gas exploration company

Noble Affiliates

(NBL) - Get Report

to strong buy from hold.

Merrill upgraded its intermediate-term rating on

Pharmacia & Upjohn

(PNU)

to buy from accumulate. It maintained its long-term rating of buy on the stock.

Merrill reinstated coverage of

Southdown

(SDW)

with an intermediate-term rating of accumulate and a long-term rating of buy.

Warburg initiated coverage of

Spieker Properties

(SPK)

with a hold rating.

CSFB initiated coverage of

Waste Connections

(WCNX)

with a buy rating.

CSFB upgraded

Western Wireless

(WWCA)

to strong buy from buy.