Friday's Analysts' Upgrades and Downgrades

Who made what calls.
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Change in Ratings

Credit Suisse downgraded

EchoStar

(DISH) - Get Report

to Underperform from Neutral. Believes AT&T buyout is less likely. Maintained $39 target price.

Brinker

(EAT) - Get Report

upgraded to Buy rating from Neutral at UBS. 2007 EPS estimates bump up slightly to $2.01 from $1.99 and price target remains at $38.

Credit Suisse upgraded

Office Depot

(ODP) - Get Report

to Outperform from Neutral based on valuation and growth opportunities. Maintained $41 target price.

Credit Suisse donwgraded

WellCare Health

(WCG) - Get Report

to Neutral from Outperform. Cites reimbursement risks are not reflected in valuation. Maintained $80 target price.

Quiksilver

(ZQK)

was downgraded from Outperform to Market Perform at Piper Jaffray. $12 price target. Wintersports category should continue to drag on the business throughout 2007.

ZQK was downgraded from Outperform to Sector Perform at CIBC. Company warned again, as Europe continues to drag on earnings.

Stock Comments/EPS Changes

Atlas Air

(AAWW) - Get Report

numbers raised at Jefferies. Price target jumps to $50 from $45 and 2007 eps estimates rise to $3.69 from $3.32. Reiterates Hold rating.

Analogic

(ALOG)

numbers raised at Jefferies. Price target lifts to $56 from $50, and 2007 EPS estimates rise to $1.28 from $1.11. Reiterates Hold rating.

2008 estimates on

Foot Locker

(FL) - Get Report

lowered to $1.62 from $1.79 at Goldman. Management provided disappointing guidance on fourth-quarter call, but share repurchase plan will add value for shareholders. Still too early to suggest rebound at company. Maintained Neutral rating and $24 target.

National Semiconductor

(NSM)

numbers raised at UBS. Price target upped to $27 from $25, and 2007 EPS estimates rise to $1.09 from $1.07. Reiterates Neutral rating.

Goldman raised its target on NSM to $29 from $26 after company announced third-quarter sales in line with early-February negative preannouncement. See company emerging from down cycle and see better results for analog segment going forward. Maintained Buy rating.

Goldman upped its target on

Urban Outfitters

(URBN) - Get Report

to $30 from $19 after company posted relatively in-line fourth-quarter results. Believe positive same-store sales and upward estimate revisions are likely in future. Maintained Neutral rating.