7:01AM Early Research Calls : First Albany downgrading NFLX to Neutral from Buy... Morgan Stanley raises Telecom Services view to In-Line from Cautious; upgrades VZ and AWE to Overweight from Equal Weight, while downgrading NXTL, PCS, FON and T to Underweight from Equal Weight... JP Morgan upgrading CAL to Overeweight from Neutral... UBS upgrading BSX to Buy from Neutral, also adding C to US Equity Strategy Select 20 Stocks, removing BIIB... CSFB upgrading TOO and SEE to Outperform from Neutral... Prudential upgrading FTO to Neutral from Underweight, while downgrading TSO Neutral from Overweight... JMP Sec upgrading ASCL to Strong Buy from Mkt Outperform... BofA Sec upgrading ELBO, GME and SKIL to Buy from Neutral... Lehman Brothers upgrades TXU to Overweight from Equal-Weight, tgt goes to $35 from $26... Smith Barney downgrading EQR and CPT to Hold from Buy, also initiating WTW with Buy and $46 tgt... Wachovia initiating coverage on OCAS with Outperform and $22-24 valuation range... Lehman initiating TSG with Overweight and $25 tgt.
