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Warburg upgraded Alza (AZA) to strong buy from buy.

Donaldson Lufkin & Jenrette

downgraded

Aurora Foods

(AOR)

to market perform from buy.

Deutsche Banc Alex. Brown

downgraded the ratings of

Felcor Lodging

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,

Meristar Hospitality

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and

Wyndham International

(WYN)

to market perform from buy.

SG Cowen

rolled out coverage of

Healthgate Data

(HGAT)

with a strong buy rating and a price target of 18.

DLJ launched coverage on

John Hancock Financial

(JHF)

with a strong buy rating.

Goldman Sachs

initiated coverage with a market outperform rating.

Donaldson Lufkin & Jenrette upgraded

Morgan Stanley Dean Witter

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to buy from market perform.

Credit Suisse First Boston

initiated coverage of

724 Solutions

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as a strong buy.

Deutsche Banc Alex. Brown upgraded

SBA Communications

(SBAC)

to strong buy from buy.

Warburg Dillon Read

raised its rating on

Unilever

(UL)

to strong buy from hold.

CSFB initiated coverage of

Watchguard

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as a strong buy and set a 90, 12-month price target.