Upgrades
Digex
(DIGX)
: UP to strong buy from buy at
Deutsche Banc Alex. Brown
; 12-month price target: 114.
ExxonMobil
(XOM) - Get Report
: UP to buy from hold at
ABN Amro
.
Downgrades
Electronics for Imaging
(EFII) - Get Report
: DOWN to outperform from strong buy at
Morgan Stanley Dean Witter
.
Intermedia Communications
(ICIX)
: DOWN to hold from buy at
Credit Suisse First Boston
.
Pitney Bowes
(PBI) - Get Report
: DOWN to neutral from strong buy at Morgan Stanley.
Rite Aid
(RAD) - Get Report
: DOWN to under performance from market performance at
Donaldson Lufkin & Jenrette
.
Initiations
Charles River Laboratories
(CRL) - Get Report
: NEW buy at
Lehman Brothers
.
China Unicom
(CHU) - Get Report
: NEW strong buy at Morgan Stanley; price target: 32.25.
Efficient Networks
(EFNT)
: NEW buy at
UBS Warburg
.
Stilwell Financial
(SV)
: NEW outperformer at Morgan Stanley; price target: 57.
Tibco
(TIBX)
: NEW outperformer at Morgan Stanley; price target: 130.
