Publish date:

Analyst Actions: Oracle, Chase Manhattan, Ford, GM, Freddie Mac, Fannie Mae

In a bold move,

Morgan Stanley Dean Witter

analyst Charles Phillips lifted his rating on

Oracle

(ORCL) - Get Oracle Corporation Report

to strong buy from outperform, ahead of the software database maker's first-quarter earnings report due out after the close of regular trading Thursday.

Credit Suisse First Boston

analyst Mike Mayo raised

Chase Manhattan Bank

(CMB)

to a hold from a sell.

Initiations

Sigma-Aldrich

(SIAL)

: NEW strong buy at

Deutsche Banc Alex. Brown

TheStreet Recommends

; 12- to 18-month price target: $39.

Group Moves

CSFB rolled out coverage of

Ford

(F) - Get Ford Motor Company Report

with a hold rating and

General Motors

(GM) - Get General Motors Company (GM) Report

with a buy rating and a target price of $85.

CSFB initiated coverage of

Freddie Mac

undefined

and

Fannie Mae

undefined

with buy ratings. Freddie Mac's price target was set at $61, while Fannie Mae was given a price target of $76.