by Jon C. Ogg
ALL cut to Equal Weight at Lehman.
APPB cut to Underperform at Bear Stearns.
ARMHY cut to Hold at Deutsche bank.
AXS raised to Hold at Citigroup.
CEG started as Buy at Deutsche Bank.
DB cut to Hold at Citigroup.
EBAY maintained Underperformat Piper Jaffray.
EMC reitr Buy and tgt raised to $16 at AGEdwards; raised to Buy at UBS.
FAST cut to Hold at BB&T.
GD raised to Outperform at Cowen & co.
IBM raised to Buy at UBS.
INCY raised to Outperform at Piper Jaffray.
INTC added to Model Portfolio at B of A.
KBR started as Neutral at UBS.
LVLT targetraised to $8 per share from JPMorgan.
MCHP raised to Buy at Soleil.
MSCC cut to Equal Weight at Lehman.
NEM cut to Underweight at Prudential.
NTAP raised to Buy at UBS.
NYX reitr Underperform at Piper Jaffray.
ONNN raised to Overweight at Lehman.
PFCB cut to Underperform at Bear Stearns.
PSO cut to Equal Weight at Morgan Stanley.
RCL added to conviction buy list at Goldman Sachs.
SPR started as Buy at Merrill Lynch.
TIVO raised to Peer Perform at Bear Stearns.
TLAB reitr Underperform at Jefferies.
TMK cut to Underweight at Lehman.
UBS cut to Hold at Citigroup.
WMT cut to Neutral at Goldman Sachs.
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