Thursday's Analysts' Upgrades and Downgrades

Who made what calls.
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CHANGE IN RATINGS

Biogen Idec

(BIIB) - Get Report

downgraded at UBS to Sell rating from Neutral. Price target and 2008 EPS estimates hold at $58 and $3.55, respectively.

Buckeye Technologies

(BKI) - Get Report

downgraded at Citigroup from Buy to Hold. Estimates also raised, to reflect the latest drop in the US dollar. $15 price target.

Syntax-Brillian

(BRLC)

downgraded at Merrill Lynchfrom Buy to Sell. 2008 estimates also cut, to reflect management's new guidance because of component supply constraints.

Dick's Sporting Goods

(DKS) - Get Report

initiated at UBS with Buy rating. Price target starts at $80 with 2008 EPS estimates at $2.53.

MeadWestvaco

(MWV)

upgraded at Credit Suisse to Outperform from Neutral based on favorable risk/reward balance. Raised target price to $38 from $30.

Prudential

(PRU) - Get Report

upgraded at Credit Suisse to Outperform from Neutral based on valuation and overall quality of investment portfolio. Maintained $103 target price.

Spectra Energy

(SE) - Get Report

initiated at Morgan Stanley with an equalweight rating.

Silicon Laboratories

(SLAB) - Get Report

initiated at Jefferies with a Buy rating. Price target starts at $49 with 2008 EPS estimates at $1.62.

Thornburg Mortgage

(TMA)

upgraded at Deutsche Bank from Sell to Hold. $12.50 price target. Company has stabilized its business and improved liquidity.

STOCK COMMENTS / EPS CHANGES

Alcon

(ACL)

numbers raised at Jefferies. Price target lifts to $166 from $164 and 2008 EPS estimates upped to $6.29 from $6.22. Reiterates Buy rating.

Advanced Micro Devices

(AMD) - Get Report

target lowered at UBS. Price objective dips to $15 from $16.50. Reiterates Neutral rating.

Cincinnati Bell

(CBB) - Get Report

added to Focus List at JP Morgan. $6 price target. Company is the cheapest name in the group, and will use solid cash flow to buy back stock. Overweight rating.

FreightCar America

(RAIL) - Get Report

numbers lowered at Jefferies. Price target slashed to $37 from $47 and 2008 EPS estimate drop to $1.25 from $2.00. Reiterates Hold rating.