Goldman Sachs upgraded the beverage sector and put Coca-Cola (KO) - Get Coca-Cola Company Report on its recommended-for-purchase list from market perform.

Upgrades

CarrAmerica

(CRE)

: UP to outperform from neutral at

Lehman Brothers

, price target: 28 from 22.

Computer Sciences

(CSC)

UP to buy from attractive at

Paine Webber

.

Caterpillar

(CAT) - Get Caterpillar Inc. Report

: UP to buy from hold at

ABN Amro

. Price target: 54.

Danaher

(DHR) - Get Danaher Corporation Report

: UP to buy from market performer at

J.P. Morgan

; price target up to 72 from 55.

Golden West Financial

(GDW)

UP to attractive from buy at Paine Webber.

Ultramar

(UDS)

UP to attractive from neutral at Paine Webber; price target: 31.

Downgrades

Shurgard Storage Centers

(SHU)

DOWN to neutral from outperform at

Morgan Stanley Dean Witter

.

Electronics retailer

Tandy

(TAN) - Get Invesco Solar ETF Report

was dropped from PaineWebber's Highlighted Stocks list today.

Xicor

(XICO)

: DOWN to hold from buy at

CIBC

.

Initiations

TheStreet Recommends

American Superconductor

(AMSC) - Get American Superconductor Corporation Report

and

AstroPower

(APWR)

: NEW buy at

CIBC World Markets

.

Biosite Diagnostics

(BSTE)

: NEW buy at

SG Cowen

.

Cabot Microelectronics

(CCMP) - Get Cabot Microelectronics Corporation Report

: NEW rating, added to Goldman Sachs' U.S. recommended for purchase list.

C-Cube

(CUBE) - Get CubeSmart Report

: REINSTATED with a buy at

Credit Suisse First Boston

; price target: 30.

DSL.net

(DSLN)

: NEW buy at

CIBC

; 12-month price target: 31.

Exelixis

(EXEL) - Get Exelixis, Inc. Report

: NEW strong buy at SG Cowen, NEW market outperformer at Goldman Sachs.

J.P. Morgan began coverage of toy companies

Mattel

(MAT) - Get Mattel, Inc. Report

and

Hasbro

(HAS) - Get Hasbro, Inc. (HAS) Report

with market performer and long-term buy ratings, respectively.

Pactiv

(PTV)

and

Sealed Air

(SEE) - Get Sealed Air Corporation Report

: NEW buy ratings at Deutsche Banc Alex Brown.

Seagram

(VO) - Get Vanguard Mid-Cap ETF Report

: NEW buy at SG Cowen.