Downgrades

Del Monte Foods

(DLM)

: DOWN to hold from buy at

Credit Suisse First Boston

.

Entrust

(ENTU)

: DOWN to market perform from buy at

Donaldson Lufkin & Jenrette

.

DQE

(DQE)

: DOWN to hold from buy at

ABN Amro

.

FirstWorld Communications

(FWIS)

: DOWN to market perform from buy at

Deutsche Banc Alex. Brown

.

Spring Industries

(SMI)

: DOWN to hold from buy at CSFB.

UnitedHealth Group

(UNH) - Get Report

: DOWN to buy from strong buy at

SG Cowen

.

Initiations

Antenna TV

(ANTV)

: NEW buy at DLJ.

Borg Warner

(BWA) - Get Report

: NEW intermediate-accumulate, long-term buy at

Merrill Lynch

.

Community Health Systems

(CYH) - Get Report

: NEW buy; price target of 19 at CSFB.

UnitedGlobalCom

(UCOMA)

: NEW buy; price target of 55 at CSFB.

Phone.com

(PHCM)

: NEW strong buy at SG Cowen; price target of 100.

Group Moves

Donaldson Lufkin & Jenrette sliced its price target on two software makers:

  • BMC Software (BMCS) : price target DOWN to 27.
  • Computer Associates (CA) - Get Report: price target DOWN to 50.