Analyst Actions: Jabil Circuit, Rambus, Triad Hospitals, Wachovia - TheStreet

Analyst Actions: Jabil Circuit, Rambus, Triad Hospitals, Wachovia

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Upgrades

Jabil Circuit

(JBL) - Get Report

: price target of $55, and fiscal 2001 estimate raised to $1.12 from $1.06 by

Credit Suisse First Boston

after the company reported earnings of 21 cents per share for fiscal third-quarter 1999.

UBS Warburg

raised fiscal 2000 estimate to 81 cents per share vs. 79, and fiscal 2001 estimate to $1.13 from $1.10.

Rambus

(RMBS) - Get Report

: UP to strong buy from outperform at

Morgan Stanley Dean Witter

.

Triad Hospitals

(TRIH)

: price target: $24 from $21 by

ING Barings

.

Downgrades

Wachovia

(WB) - Get Report

: Price target of $62 to $65 from $72 by

Donaldson, Lufkin & Jenrette

, who also cut 2000 earnings estimate to $5.30 per share from $5.50 per share.

Morgan Stanley Dean Witter

cut its rating to neutral from outperform.

UnionBanCal

(UB)

: DOWN to neutral from buy at

Lehman Brothers

, and down to neutral from outperform at

Morgan Stanley Dean Witter

, after the company warned of lower-than-expected second-quarter earnings of 77 to 82 cents per share. The 12-broker consensus was originally for 88 cents a share, according to

First Call

. Similarly,

Donaldson, Lufkin & Jenrette

cut its fiscal 2000 earnings estimates to $3.45 from $3.60.