CHANGE IN RATINGS

Cincinnati Bell

(CBB) - Get Report

upgraded at Morgan Stanley: Morgan Stanley upgrades Cincinnati Bell from equalweight to overweight and raises 2007/2008 EPS estimates.

Intersil

(COO) - Get Report

upgraded at Goldman Sachs: Goldman is upgrading ISIL to Buy from Neutral due to valuation. Share weakness caused by recent departure of COO. See growth spurred by power management exposure, share gains in handsets and notebooks and expanding portfolio. Price target at $27.50.

Investment Tech. Group

(ITG)

upgraded at Bear: ITG was upgraded from Peer Perform to Outperform at Bear Stearns. $48 price target. Future volume will continue to grow, especially overseas. Near-term estimates cut, but still see the company earning $2.40 a share in 2007.

JDS Uniphase

( JDSUD) upgraded at Deutsche: JDSUD was upgraded from Hold to Buy at Deutsche Bank. $19 price target. Estimates also raised to reflect strong European and Asian sales. Worst appears to be behind the company.

Mettler-Toledo

(MTD) - Get Report

upgrading at JP Morgan: MTD was upgraded from Neutral to Overweight at JP Morgan. Company should be able to carry strong earnings momentum in to 2007, and is firing on all cylinders.

Norfolk Southern

(NSC) - Get Report

downgraded at JP Morgan: NSC was downgraded from Overweight to Neutral at JP Morgan. Stock is up 29% since September, though volume trends remain soft. CSX also picking up competitive push.

Qualcomm

(QCOM) - Get Report

downgraded at Oppenheimer: QCOM was downgraded from Buy to Neutral at Oppenheimer. Company gave disappointing guidance for 2007, and the Nokia dispute could take away another 4 to 6 cents.

Qualcomm

(QCOM) - Get Report

estimates lowered at Credit Suisse: Credit Suisse is lowering its 2007 EPS estimates on QCOM by 5 cents to $1.62 following solid FQ4 results but weaker guidance. Maintained $50 target price.

Red Hat

( RHAT) downgraded at Baird:RHAT was downgraded from Outperform to Neutral at Robert Baird. MSFT partnership with NOVL could leave the company out in the cold. $19 price target.

Sempra Energy

(SRE) - Get Report

downgraded at Wachovia: SRE was downgraded from Outperform to Market Perform at Wachovia. Stock is already pricing in goods news, and the LNG thesis will be a gradual story.

Strayer Education

(STRA) - Get Report

initiated at Morgan Stanley: Morgan Stanley initiates Strayer Education with an equalweight rating and $120 price target.

Sunoco

(SUN) - Get Report

upgraded at JP Morgan: SUN was upgraded from Underweight to Neutral at JP Morgan. Stock has underperformed its peers by 30%. Refining margins also staying high, and the heating oil market looks more stable.

Tesoro

(TSO)

downgraded at JP Morgan: TSO was downgraded from Neutral to Underweight at JP Morgan. Fundamentals look bleak relative to the competition, especially entering the seasonally slow period.

Zimmer

(ZMH)

upgraded at Wachovia: ZMH was upgraded to Market Perform at Wachovia. Prices are stabilizing, and investors may be ready to re-visit the orthopedic sector at current levels. Estimates also boosted.

STOCK COMMENTS / EPS CHANGES

AON

( AOC) estimates lowered at UBS: UBS is lowering its 2006 EPS estimates on AOC to $2.19 from $2.43 to account for sale of company's Construction Group and higher expenses in insurance operations. Lowered target price to $41 from $43.

Becton Dickinson

(BDX) - Get Report

price target raised at Goldman: Goldman is upping its target on BDX to $73 from $67 after company beat Q4 estimates in spite of higher resin costs and negative foreign exchange impact. Maintained Neutral rating.

Cognizant

(CTSH) - Get Report

price target raised at Jefferies: Jefferies is increasing its target on CTSH to $86 from $78 after company report strong Q3 results, including solid margins and increased guidance. Reiterated Buy rating.

Cognizant

(CTSH) - Get Report

estimates raised at Piper: Piper is raising its 2007 estimates on CTSH by 6 cents to $2.15 a share after Q3 upside. Maintained Outperform rating.

Electronic Arts

( ERTS) estimates raised at Piper: Piper is raising its 2007 estimates on ERTS by 15 cents to 75 cents a share following exceptional quarter. Maintained Outperform rating.

Hain Celestial

(HAIN) - Get Report

estimates raised at Prudential: Prudential is raising its 2007 estimates on HAIN by 2 cents to $1.15 a share due to impressive top-line results. Maintained Neutral Weight rating.

Henry Schein

(HSIC) - Get Report

estimates increased at Goldman: 2007 estimates raised a penny to $2.54 at Goldman. Management issued 2007 guidance of $2.51 to $2.57. Maintained Neutral rating.

Transocean

(RIG) - Get Report

price target jumps at Jefferies: Jefferies is upping its target on RIG to $96 fro $90 after company beat Q3 estimates. See shares undervalued relative to earnings and free cash flow growth. Reiterated Buy rating.

Western Digital

(WDC) - Get Report

estimates raised at Prudential: Prudential is raising its 2007 estimates on WDC by 15 cents to $1.76 a share following solid September quarter. Maintained Underweight rating.

Whole Foods

( WFMI) estimates lowered at UBS: UBS is lowering its 2007 EPS estimates on WFMI to $1.43 from $1.68 after company warned that 2007 estimates would fall short of forecasts. Maintained Neutral rating and $67 target price.