MOST NOTEWORTHY:

• Citigroup upgraded shares of Fluor (NYSE: FLR) to Buy from Hold to reflect the company's strong performance and backlog in Q4 and raised their target to $190.50 from $158.
  
• Baird upgraded Forward Air (NASDAQ: FWRD) to Outperform from Neutral citing near-term growth initiatives that are gaining traction.
  
• Citigroup also upgraded shares of McDermott (NYSE: MDR) to Buy from Hold to reflect the company's strong Q4 performance and rising commodity prices.

• RBC Capital upgraded Digital Realty (NYSE: DLR) and ProLogis (NYSE: PLD) to Top Pick from Outperform.
  
• Credit Suisse raised China Unicom (NYSE: CHU) to Outperform from Neutral.
  
• Tyson Foods (NYSE: TSN) and Oracle (NASDAQ: ORCL) were upgraded to Buy from Neutral at Merrill Lynch.

Analyst upgrades: FLR, FWRD and MDR originally appeared on BloggingStocks on Thu, 06 Mar 2008 11:00:00 EST. Please see our terms for use of feeds.

• William Blair downgraded Best Buy Co. Inc. (NYSE:BBY) to Market Perform from Outperform, expecting a slowing down in growth from advanced TV, a difficult competitive environment and cyclicality of consumer electronics spending in 2007;
• First Albany downgraded Oracle Corp. (NASDAQ:ORCL) to Neutral from Buy, citing valuation and a likely slowing down in growth within two-to-three quarters.

• Baird downgraded Forward Air Corp. (NASDAQ:FWRD) to Neutral from Outperform, citing weak near-term truck freight trends and economic uncertainty.
• EnCana Corp (NYSE:ECA) was downgraded to Sell from Hold at Citigroup to reflect the disappointing 2007 guidance with 1% overall production growth, as well as cost run-up and concerns of portfolio quality.
• Following poor second-quarter earnings and light third-quarter guidance, Baird downgraded Tektronix Inc. (NYSE:TEK) to Neutral from Outperform and a $33 target.

Analyst downgrades 12-15-06: Best Buy and Oracle originally appeared on BloggingStocks on Fri, 15 Dec 2006 12:20:00 EST. Please see our terms for use of feeds.