This morning, Donaldson Lufkin & Jenrette initiated coverage on Micron Technology (MU) - Get Report with a buy rating. The company is scheduled to report its fiscal second-quarter earnings after the close today. The stock soared 6 3/4 yesterday to close at 135 5/8.

Breakaway Solutions

(BWAY) - Get Report

: coverage INITIATED with a strong buy rating and a 150 price target at

W.R. Hambrecht

.

Cambridge Technology Partners

(CATP)

: coverage INITIATED with a neutral rating and a 20 price target at W.R. Hambrecht.

Celestica

(CLS) - Get Report

: coverage INITIATED with a neutral rating at

Lehman Brothers

.

Cognos

(COGN)

: price target UP to 120 from 60.

Cooper Cameron

(CAM)

: rating UP to buy from market perform at DLJ.

DigitalThink

(DTHK)

: coverage INITIATED with a strong buy rating at

Credit Suisse First Boston

.

Flextronics

(FLEX) - Get Report

: 12-month price target UP to 90 from 70 at Lehman Brothers.

Halliburton

(HAL) - Get Report

: rating UP to buy from market perform at DLJ.

Identix

(IDX) - Get Report

: rating UP to buy from outperform at Lehman Brothers.

Nanogen

(NGEN)

: coverage INITIATED at

Warburg Dillon Read

with a buy rating.

Neose Technologies

(NTEC) - Get Report

: coverage INITIATED at Warburg Dillon Read with a buy rating.

Netro

(NTRO)

: coverage INITIATED with a buy rating and a 12-month price target of 125 at Lehman Brothers.

Qwest Communications

(QWST)

: price target raised to 70 from 60 at

Thomas Weisel Partners

.

R&B Falcon

(FLC) - Get Report

: rating UP to buy from market perform at DLJ.

Sanmina

(SANM) - Get Report

: coverage INITIATED with an outperform rating at Lehman Brothers.

Schlumberger

(SLB) - Get Report

: rating UP to buy from market perform at DLJ.

SCI Systems

(SCI) - Get Report

: 12-month price target UP to 60 from 50 at Lehman Brothers.

Solectron

(SLR)

: 12-month price target UP to 65 from 55 at Lehman Brothers.

STMicroelectronics

(STM) - Get Report

: price target UP to 240 from 195 at

Credit Suisse First Boston

.