Seeking Alpha

The following analyst upgrades/downgrades have been reported as of 9 AM

Upgrades:

Jul 31
TickerCompanyBrokerageOld RatingNew RatingClose
(NASDAQ:ASMI)ASM International NVNeedham & CoUnderperformHold$15.54
(NYSE:CHK)Chesapeake Energy CoGoldman SachsNeutralBuy$32.90
(NYSE:COF)Capital One FinanciaMorgan StanleyEqual-weightOverweight$77.35
(NASDAQ:CSCO)Cisco Systems Inc.Rochdale SecuritiesSellHold$17.88
(HYDL)Hydril Co.CitigroupHoldBuy$69.27
(NYSE:IGT)International Game TUBSNeutralBuy$38.66
(NASDAQ:LOJN)LoJack Corp.Matrix ResearchSellHold$15.81
(NYSE:NNI)Nelnet Inc.Matrix ResearchBuyStrong Buy$30.67
(NOVN)Noven PharmaceuticalJefferies & CoHoldBuy$19.76
(NYSE:NUS)Nu Skin Enterprises Stanford ResearchHoldBuy$14.30
(NASDAQ:POWI)Power Integrations ICitigroupSellHold$15.90
(NYSE:RLH)Red Lion Hotels CorpFriedman BillingsMkt PerformOutperform$9.71
(NYSE:SCT)Scottish Re Group LtUBSReduceNeutral$3.99
(VPHM)ViroPharma Inc.Piper JaffrayMarket PerformOutperform$7.78

Downgrades:

Jul 31
TickerCompanyBrokerageOld RatingNew RatingClose
(NASDAQ:AFFX)Affymetrix Inc.Thomas WeiselOutperformPeer Perform$21.57
(NYSE:ALL)Allstate Corp.CitigroupBuyHold$56.82
(NASDAQ:BRLI)Bio-Reference LaboraJefferies & CoBuyHold$23.55
(NYSE:BWA)BorgWarner Inc.Banc of America SecBuyNeutral$60.00
(NYSE:CB)Chubb Corp.CitigroupHoldSell$50.42
(NYSE:CNC)Centene Corp.Goldman SachsBuyNeutral$16.25
(NASDAQ:COLM)Columbia Sportswear Matrix ResearchBuyHold$49.72
(NYSE:CTL)Centurytel Inc.Morgan StanleyOverweightEqual-weight$38.57
(NASDAQ:DTV)DirecTV Group Inc.Deutsche SecuritiesBuyHold$17.05
(NYSE:ECA)EnCana Corp.Goldman SachsBuyNeutral$54.01
(NYSE:EEQ)Enbridge Energy ManaRBC Capital MktsSector PerformUnderperform$46.20
(NYSE:EMC)EMC Corp.Morgan KeeganOutperformMkt Perform$10.15
(NYSE:ESI)ITT Educational ServMatrix ResearchBuyHold$67.42
(FLSH)Msystems Ltd.JP MorganOverweightNeutral$36.00
(HCR)Manor Care Inc.Jefferies & CoBuyHold$50.05
(NYSE:LG)Laclede Group Inc.Stifel NicolausBuyHold$33.23
(NYSE:MAN)Manpower Inc.UBSBuyNeutral$59.48
(MRX)Medicis PharmaceuticMatrix ResearchHoldSell$27.56
(NYSE:NLS)Nautilus Inc.BB&T Capital MktsBuyHold$12.56
(NTE)Nam Tai Electronics Bear StearnsOutperformPeer Perform$17.11
(NYSE:PUK)Prudential plcBear StearnsOutperformPeer Perform$21.26
(NASDAQ:PWAV)Powerwave TechnologiOppenheimerBuyNeutral$7.94
(PWAV)Powerwave TechnologiRobert W. BairdOutperformNeutral$7.94
(PWAV)Powerwave TechnologiFirst AlbanyBuyNeutral$7.94
(STA)St. Paul Travelers CCitigroupBuyHold$45.80
(TNL)Technitrol Inc.Matrix ResearchHoldSell$24.78

Coverage Initiated:

Jul 31
TickerCompanyBrokerageNew RatingClose
(NASDAQ:ADBE)Adobe Systems Inc.PrudentialOverweight$28.51
(NASDAQ:ADSK)Autodesk Inc.PrudentialNeutral$34.11
(ARTG)Art Technology GroupPrudentialOverweight$2.67
(NASDAQ:ATVI)Activision Inc.PrudentialOverweight$11.95
(BEAS)BEA Systems Inc.PrudentialNeutral$11.74
(NASDAQ:CMLS)Cumulus Media Inc.Morgan StanleyUnderweight$9.50
(NASDAQ:CONN)Conns Inc.Morgan KeeganMkt Perform$25.72
(NYSE:CRM)Salesforce.comPrudentialUnderweight$25.70
(CXR)Cox Radio Inc.Morgan StanleyOverweight$14.65
(ERTS)Electronic Arts Inc.PrudentialUnderweight$47.11
(NYSE:ETM)Entercom CommunicatiMorgan StanleyUnderweight$25.35
(NASDAQ:GRMN)Garmin Ltd.Am Tech/JSA ResearchSell$94.99
(NASDAQ:JDAS)JDA Software Group IPrudentialOverweight$15.47
(NASDAQ:MSFT)Microsoft Corp.PrudentialOverweight$24.06
(NYSE:ORCL)Oracle Corp.PrudentialUnderweight$14.97
(OZN)Orezone Resources InCIBC Wrld MktsSector Outperform$1.49
(RBAK)Redback Networks IncGoldman SachsNeutral$15.46
(RHAT)Red Hat Inc.PrudentialOverweight$23.68
(NASDAQ:RNOW)Rightnow TechnologiePrudentialUnderweight$12.13
(NASDAQ:ROIAK)Radio One Inc.Morgan StanleyEqual-weight$7.18
(RRI)Reliant Energy Inc.Lehman BrothersEqual-weight$12.58
(THQI)THQ Inc.PrudentialOverweight$22.69
(TNOX)Tanox Inc.PrudentialNeutral$14.26
(TWLL)Techwell, Inc.Cowen & CoOutperform$10.50
(NYSE:WIT)Wipro Ltd.Lehman BrothersOverweight$12.47
(NYSE:WYN)Wynnstay Group plcJP MorganNeutral$4.07

Data: Briefing.com, CapitalIQ

Source: Analyst Upgrades & Downgrades for Tuesday, August 1, 2006