Analyst Actions: Disney, Dow, Genentech, Gilead

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Publish date:

Upgrades

Genentech

(DNA)

: UP to strong buy from accumulate at

Prudential

.

Gilead

(GILD) - Get Report

: UP to strong buy from accumulate at

Prudential

.

IDEC Pharmaceuticals

(IDPH)

: UP to strong buy from accumulate at

Prudential

.

Sepracor

(SEPR)

: UP to strong buy from accumulare at

Prudential

.

Downgrades

Disney

(DIS) - Get Report

: DOWN to outperform from strong buy at

Morgan Stanley Dean Witter

, price target to $40 from $50.

DigitalThink

(DTHK)

: DOWN to outperform from buy at

Goldman Sachs

.

Viacom

(VIA) - Get Report

: DOWN to outperform from strong buy at

Morgan Stanley Dean Witter

, price target to $68 from $82.

Initiations

Active Power

(ACPW)

: NEW buy at

ABN Amro

; price target: $29.

Dow Chemical

(DOW) - Get Report

: NEW market perform at

Deutsche Banc Alex. Brown

.

DuPont

(DD) - Get Report

: NEW buy at

Deutsche Banc Alex. Brown

.

Handspring

(HAND)

: NEW buy at

Lehman Brothers

; price target: $90.

Lexent

(LXNT)

: NEW strong buy at

Deutsche Banc Alex. Brown

; price target: $34.

Lyondell

(LYO)

: NEW market perform at

Deutsche Banc Alex. Brown

.

Mellon Financial

(MEL)

: NEW outperform at

Goldman Sachs

.

OmniSky

(OMNY)

: NEW buy at

Lehman Brothers

; price target: $26.

Palm

(PALM)

: NEW buy at

Lehman Brothers

; price target: $60.