CHANGE IN RATINGS

Checkfree

( CKFR) upgraded at Citigroup:CKFR was upgraded to Buy, Citigroup said. Stock has been sold down on maturity concerns, though ePayments growth potential remains strong.

Coldwater Creek

(CWTR)

coverage initiated at Goldman Sachs:Goldman said it is initiating coverage on CWTR with a Neutral rating. See attractive earnings prospects but high expectations. Multi-channel strategy attracts middle-aged, female shoppers with proprietary, casual merchandise. Target price at $30.

EOG Resources

(EOG) - Get Report

downgraded at UBS:EOG downgraded to Neutral on valuation, said UBS. Raises price target to $79.00 from $74.00 and eps estimates to $12.95 from $12.75.

Medarex

( MEDX) upgraded at Morgan Stanley:Morgan Stanley said it is upgrading MEDX to Overweight from Equal Weight based on increased confidence that Phase III trials for anti-CTLA-4's drug will be positive. Maintained $22 target price.

McGraw-Hill

( MHP) downgraded at AG Edwards:Rating on MHP was cut from Buy to Hold, AG Edwards said. Stock is up 37% since July, and is reaching the $69 fair value estimate.

Real Networks

(RNWK) - Get Report

initiated at Jefferies:RNWK initiated with Underperform rating at Jefferies. Price target set at $8.50.

STOCK COMMENTS / EPS CHANGES

Advance Auto Parts

(AAP) - Get Report

estimates cut at Credit Suisse:Credit Suisse said it is cutting its 2007 EPS estimates on AAP to $2.46 from $2.56 after company lowered its long-term guidance. Maintained Outperform rating.

UBS

(ARO)

raises estimates on Aeropostale:ARO numbers raised at UBS. Price target goes to $31.00 from $30.00 and EPS estimates bumps up to $2.18 from $2.15. Reiterates Neutral rating.

Chicos FAS

(CHS) - Get Report

estimates lowered at Credit Suisse:Credit Suisse said it is lowering its 2007 EPS estimates on CHS to $1.24 from $1.21 based on anticipated markdown pressures and higher tan expected costs. Maintained Outperform rating.

Dollar General

( FDRY) estimates reduced at Goldman:Goldman said it is cutting its 2007 estimates on DG to $0.84 from $0.87 after company announced major strategic shift. Will close 400 underperforming stores, clear aged inventory, and slow 2007/2008 unit growth. See shift as welcome change but maintain Sell rating and $13 target price.

Foundry Networks

( FDRY) target price raised at Piper:Piper said it is raising its target price on FDRY to $17 to reflect higher expectations given solid demand trends in enterprise. Maintained Outperform rating.

Foundry Networks

( FDRY) numbers raised at Jefferies:FDRY now seen earning $0.60 from $0.57. Ups price target to $17.50 from $15.00. Reiterates Buy rating.

F5 Networks

(FFIV) - Get Report

numbers raised at Jefferies:Jefferies estimates FFIV earning $2.50 from $2.37. Ups price target to $85.00 from $67.00. Reiterates Buy rating.

Marathon Oil

(MRO) - Get Report

numbers raised at UBS:UBS raises MRO price target to $94.00 from $89.00 and raise 2007 estimate to $10.82 from 10.75. Reiterates Neutral rating.

Tiffany

(TIF) - Get Report

estimates raised at Credit Suisse:Credit Suisse said it is raising its F2006 EPS estimates on TIF to $1.80 from $1.75 based on higher sales and margin assumptions. Maintained Neutral rating.

Tenaris

(TS) - Get Report

numbers raised at UBS:UBS raises price target on TS to $55.00 from $45.00 and ups FY 2007 EPS estimates to $3.46 from $3.38. Reiterates Buy rating.

Total System Services

(TSS) - Get Report

estimates raised at Piper:Piper said it is raising its 2007 estimates on TSS by 10 cents to $1.20 a share to reflect improved fundamentals and guidance. Maintained Market Perform rating.

STRATEGY CALLS / MARKET CALLS

Online Brokers initiated at Morgan Stanley:Morgan Stanley said it is upgrading online brokers AMTD and ET with Outperform ratings and SCHW with an Equal-Weight rating. Sees key drivers -- such as asset-based revenue and growing mass affluent opportunity -- as catalysts.

Six Homebuilding stocks upgraded at BofA: Bank of America said it upgraded SPF from Sell to Buy, as the downward trend in traffic and construction appears to have bottomed. Ratings on MTH, NVR, PHM, RYL and TOL also boosted from Neutral to Sell.

Morgan Stanley raises S&P 500 target: Morgan Stanley said it now sees the S&P 500 reaching 1,525 in 2007. Lower inflation rates should drive valuation multiple expansion. Energy remains the most favored sector.