Analyst & Research Notes (JAN 5, 2007)

By Douglas A. McIntyre Published
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by Jon C. Ogg

AET cut to Neutral at Goldman Sachs.
ANF raised to Buy at Merrill Lynch.
BK cut to Mkt Perform at Piper Jaffray.
BRCM cut to Underperform at Credit Suisse.
DELL cut to Underweight at JPMorgan (stock -1.5%).
DIVX reitr Outperform at JPMorgan, but added to Focus List.
DRS started as Overweight at Prudential.
DSGX started as Outperform at CIBC.
EOG raised to Neutral at Credit Suisse.
FLEX started as Buy at UBS.
HORC cut to Neutral at JPMorgan.
INTC started as Underperform at Credit Suisse.
JBL started as Neutral at UBS.
MOT cut to Peer Perform at Bear Stearns, cut to Hold at Deutsche Bank, cut to Market Perform at Piper Jaffray, cut to Sector Perform at CIBC.
NOK cut to Neutral at Credit Suisse.
NSC raised to Buy at Citigroup.
NTRS raised to Buy at Piper Jaffray.
OPTN started as Neutral at JPMorgan.
OPWV cut to Hold at Jefferies.
PCZ raised to Outperform at CIBC.
PFE reinstated as Buy at Goldman Sachs.
PLL cut to Neutral at UBS.
PVH reitr Outperform at JPMorgan.
SANM started as Neutral at UBS.
SIRF started as Buy at UBS.
SLR started as Neutral at UBS.
SMI cut to Reduce at UBS.
VIRL cut to Hold at Deutsche Bank.
WDC cut to Hold at Deutsche Bank.
WLP raised to Buy at Goldman Sachs.
WOOF started as Overweight at JPMorgan.
WYN started as Buy at UBS.
XOM cut to Equal Weightat Lehman.

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