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Monday's Analysts' Upgrades and Downgrades

Who made what calls.
Author:

CHANGE IN RATINGS

Chicago Mercantile Exchange

(CME) - Get Report

upgraded at Credit Suisse to Outperform from Neutral based on strong earnings contribution from CBOT. Raises target price on to $650 from $580.

Cognos

TST Recommends

(COGN)

upgraded at Credit Suisse to Outperform from Neutral based on fundamentals and strategic value support at a higher valuation. Maintained $46 target price.

Eagle Bulk Shipping

(EGLE) - Get Report

upgraded at UBS to Buy rating from Neutral at UBS. Price target lifts to $20.50 from $19.50. 2007 EPS estimates bump up to $1.47 from $1.45.

Fluor

(FLR) - Get Report

upgraded at Credit Suisse to Outperform from Neutral based on reduced risk associated with embassy problem projects. Raised target price to $112 from $80.

Global Industries

(GLBL)

numbers raised at Jefferies. Price targets bumps up to $22 from $20. 2007 EPS estimates rise to $1.75 from $1.30. Reiterates Buy rating.

Humana

(HUM) - Get Report

downgraded at Jefferies to Hold rating from Buy at Jefferies. Price target drops to $60 from $75. EPS estimates for 2007 and 2008 hold at $4.15 and $4.70, respectively.

3M

(MMM) - Get Report

initiated at Morgan Stanley with an overweight rating and $89 price target.

WellCare Health Plans

(WCG) - Get Report

downgraded at Jefferies to Hold rating from Buy. Price target drops to $80 from $90. EPS estimates for 2007 and 2008 hold at $4.20 and $5.00, respectively.

Horizon Lines

(HRZ)

upgraded at UBS to Neutral rating from Reduce at UBS. Price target and 2007 EPS estimates hold at $30 and $1.54, respectively.

STOCK COMMENTS / EPS CHANGES

Time Warner Cable

(TWC)

initiated at UBS with a Buy rating. Price target set at $48 and FY07 EPS estimate start at $1.04.