Analyst Upgrades/Downgrades for Tuesday, July 18, 2006

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 |  Includes: ANF, APOG, AQNT, ASTSF, AXL, BBY, BPFH, BRCM, BZH, CCUR, CHE, CNO, FPO, FTBK, GHL, GME, GVHR, GWW, HBHC, HMX, HORC, INTC, JCP, KOF, LTXX, MCD, NBL, NSM, NVDA, OI, OMCL, PALM, POWI, QSR, RCKY, RMBS, SHPG, SINA, SPB, STT, TGT, TSM, TXN, UST, VFC, VLCM, WDC, WMS-OLD, YUM

The following tables summarize both analyst upgrades/downgrades and subsequent market reaction for July 18, 2006:

Upgrades:

Company/ From/ Jul 18 Change 52 Wk
Ticker Brokerage To Close $/% Hi/Lo
(AQNT) aQuantive Inc. Sector Perform $22.26 $0.31 $29.94
RBC Capital Mkt Outperform 1.4% $15.58
(NYSE:AXL) American Axle & Reduce $15.50 $0.71 $29.52
Calyon Securiti Neutral 4.8% $14.45
(NASDAQ:BPFH) Boston Private Mkt Perform $26.69 $1.18 $35.16
Keefe Bruyette Outperform 4.6% $24.84
(NYSE:BZH) Beazer Homes US Sell $38.13 ($0.09) $82.14
Rochdale Securi Hold -0.2% $37.05
(NYSE:CHE) Chemed Corp. Buy $38.83 $1.19 $61.91
Matrix Research Strong Buy 3.2% $37.64
(NYSE:CNO) Conseco Inc. Equal-weight $22.64 $0.17 $25.95
Morgan Stanley Overweight 0.8% $19.77
(OTCPK:FTBK) Frontier Financ Neutral $34.38 $1.26 $35.94
FTN Midwest Buy 3.8% $25.78
(NYSE:GHL) Greenhill & Co Reduce $52.78 $1.58 $77.10
UBS Neutral 3.1% $37.59
(NYSE:GME) GameStop Corp. Buy $39.44 $1.77 $49.68
Wedbush Morgan Strong Buy 4.7% $28.60
(GVHR) Gevity HR Inc. Sell $23.96 $0.35 $30.40
Matrix Research Hold 1.5% $19.80
(NASDAQ:HBHC) Hancock Holding Hold $55.52 $2.12 $57.19
Stanford Resear Buy 4.0% $29.93
(HORC) Horizon Health Hold $12.90 $0.37 $28.17
Deutsche Securi Buy 3.0% $11.93
(NASDAQ:INTC) Intel Corp. Above Average $18.21 $0.37 $28.84
Caris & Company Buy 2.1% $16.75
(NYSE:KOF) Coca-Cola FEMSA Neutral $30.06 $1.53 $34.90
UBS Buy 5.4% $24.85
(NYSE:MCD) McDonald's Corp Neutral $34.81 $0.09 $36.75
Goldman Sachs Buy 0.3% $29.97
(NYSE:NBL) Noble Energy, I Underperform $46.55 $0.35 $49.33
Credit Suisse Neutral 0.8% $35.15
(NASDAQ:NVDA) NVIDIA Corp. Hold $18.78 $0.97 $31.88
Am Tech/JSA Res Buy 5.4% $12.71
(NYSE:OI) Owens-Illinois Hold $15.24 $0.18 $27.50
Citigroup Buy 1.2% $14.53
(NASDAQ:OMCL) Omnicell Inc. Peer Perform $14.50 $0.97 $14.90
Thomas Weisel Outperform 7.2% $7.89
(PALM) Palm, Inc. Underperform $14.77 $0.27 $24.91
Bear Stearns Peer Perform 1.9% $12.25
(NASDAQ:POWI) Power Integrati Neutral $15.87 $0.63 $28.27
Ferris Baker Wa Buy 4.1% $14.99
(NASDAQ:SINA) Sina Corp. Peer Perform $22.58 $0.44 $30.36
Thomas Weisel Outperform 2.0% $20.82
(NYSE:STT) State Street Co Mkt Perform $56.31 $0.41 $66.47
Ryan, Beck & Co Outperform 0.7% $47.04
(NYSEARCA:UST) UST Inc. Neutral $47.93 $1.36 $47.95
UBS Buy 2.9% $37.59
(NASDAQ:VLCM) Volcom Inc Hold $27.00 $0.36 $41.40
Wedbush Morgan Buy 1.4% $24.40
(NASDAQ:WDC) Western Digital Sell $18.72 $0.19 $24.70
Kaufman Bros Hold 1.0% $11.25
(NYSE:WMS-OLD) WMS Industries Equal-weight $26.14 $1.41 $34.41
Morgan Stanley Overweight 5.7% $20.06
(NYSE:YUM) Yum! Brands Inc Neutral $47.60 ($0.55) $54.16
Goldman Sachs Buy -1.1% $45.99
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Downgrades:

Company/ From/ Jul 18 Change 52 Wk
Ticker Brokerage To Close $/% Hi/Lo
(NYSE:ANF) Abercrombie & F Buy $50.95 ($2.56) $73.11
AG Edwards Hold -4.8% $44.17
(NASDAQ:APOG) Apogee Enterpri Strong Buy $13.92 $0.05 $18.64
Matrix Research Buy 0.4% $12.97
(ASTSF) ASE Test Ltd. Outperform $7.92 ($0.49) $11.85
Friedman Billin Mkt Perform -5.8% $5.33
(NYSE:BBY) Best Buy Co. In Buy $44.10 ($1.73) $59.50
AG Edwards Hold -3.8% $40.40
(NASDAQ:BRCM) Broadcom Corp. Buy $27.40 $0.03 $50.00
Am Tech/JSA Res Hold 0.1% $25.30
(NASDAQ:CCUR) Concurrent Comp Outperform $1.80 $0.05 $3.40
Friedman Billin Mkt Perform 2.9% $1.45
(NYSE:FPO) First Potomac R Buy $28.03 $0.57 $30.55
Ferris Baker Wa Neutral 2.1% $23.87
(NYSE:GWW) WW Grainger Inc Outperform $61.00 ($2.00) $79.95
Robert W. Baird Neutral -3.2% $60.50
(NASDAQ:HAWK) Petrohawk Energ Buy $11.35 ($0.27) $16.25
Matrix Research Hold -2.3% $10.01
(HMX) Hartmarx Corp. Strong Buy $5.95 $0.05 $10.37
Brean Murray Accumulate 0.8% $5.73
(NYSE:JCP) J C Penney Corp Buy $63.37 ($2.29) $69.34
AG Edwards Hold -3.5% $44.16
(LTXX) LTX Corp. Outperform $5.44 ($0.11) $8.00
Friedman Billin Mkt Perform -2.0% $3.20
(NSM) National Semico Outperform $22.33 ($0.68) $30.93
Friedman Billin Mkt Perform -3.0% $21.24
(NASDAQ:RCKY) Rocky Brands, I Buy $11.22 ($0.93) $24.83
First Albany Neutral -7.7% $11.04
(NASDAQ:RMBS) Rambus Inc. Buy $19.60 ($2.00) $46.99
WR Hambrecht Hold -9.3% $10.22
(SPC) Spectrum Brands Buy $6.33 ($0.82) $39.09
Sun Trust Rbsn Neutral -11.5% $6.00
(SPC) Spectrum Brands Outperform $6.33 ($0.82) $39.09
Bear Stearns Peer Perform -11.5% $6.00
(NYSE:TGT) Target Corp. Buy $45.53 ($2.02) $60.00
AG Edwards Hold -4.2% $44.70
(THI) Tim Hortons Inc Buy $24.54 ($0.27) $33.00
Goldman Sachs Neutral -1.1% $24.44
(NYSE:TSM) Taiwan Semicond Outperform $8.32 $0.08 $11.04
Friedman Billin Mkt Perform 1.0% $7.28
(NASDAQ:TXN) Texas Instrumen Outperform $28.10 ($0.27) $36.40
Friedman Billin Mkt Perform -1.0% $27.15
(NYSE:VFC) VF Corp. Buy $63.93 ($1.66) $68.23
Lazard Captial Hold -2.5% $50.44
(VPHM) ViroPharma Inc. Outperform $7.66 ($0.15) $24.36
Infinium Securi Underperform -1.9% $7.07
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Data: Briefing.com, CapitalIQ