Skip to main content

This morning, Donaldson Lufkin & Jenrette initiated coverage on Micron Technology (MU) 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)

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

W.R. Hambrecht

.

Cambridge Technology Partners

undefined

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

Celestica

(CLS)

: coverage INITIATED with a neutral rating at

Lehman Brothers

.

Cognos

undefined

: price target UP to 120 from 60.

Cooper Cameron

(CAM)

: rating UP to buy from market perform at DLJ.

DigitalThink

undefined

: coverage INITIATED with a strong buy rating at

Credit Suisse First Boston

.

Flextronics

(FLEX)

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

Halliburton

(HAL)

: rating UP to buy from market perform at DLJ.

Identix

undefined

: rating UP to buy from outperform at Lehman Brothers.

Nanogen

(NGEN)

: coverage INITIATED at

Warburg Dillon Read

with a buy rating.

Neose Technologies

(NTEC)

: 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)

: rating UP to buy from market perform at DLJ.

Sanmina

(SANM)

: coverage INITIATED with an outperform rating at Lehman Brothers.

Schlumberger

(SLB)

: rating UP to buy from market perform at DLJ.

SCI Systems

(SCI)

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

Solectron

undefined

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

STMicroelectronics

(STM)

: price target UP to 240 from 195 at

Credit Suisse First Boston

.