The Stocks Wall Street Is Watching

• November 25, 2002
• TradingMarkets Editors

The following stocks may be
impacted due to significant news as noted:

Internet infrastructure giant Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)
has been downgraded by UBS Warburg to “hold” from “buy” based on valuation.

Drug maker Forest Labs
(
FRX |
Quote |
Chart |
News |
PowerRating) has had its
estimates raised by Morgan Stanley wit a new price target of $124 vs. previous
estimates of $117.

Deutsche Bank has taken a shot at the following with
downgrades to “hold” from “buy”: Lehman Brothers
(
LEH |
Quote |
Chart |
News |
PowerRating) First
Health
(
FHCC |
Quote |
Chart |
News |
PowerRating)  CIT Group
(
CIT |
Quote |
Chart |
News |
PowerRating).

Communications services company UTStarcom
(
UTSI |
Quote |
Chart |
News |
PowerRating)
has been downgraded by UBS Warburg to “sell” from “buy”.

Pre-market action:

(
DFIB |
Quote |
Chart |
News |
PowerRating) +14.5%,
(
CORV |
Quote |
Chart |
News |
PowerRating) +13%,
(
TKCI |
Quote |
Chart |
News |
PowerRating)
+12%,
(
ATML |
Quote |
Chart |
News |
PowerRating) +10%,
(
VTSS |
Quote |
Chart |
News |
PowerRating) +9%,
(
NVDA |
Quote |
Chart |
News |
PowerRating) +5%,
(
BRCD |
Quote |
Chart |
News |
PowerRating) +3%,
(
CSCO |
Quote |
Chart |
News |
PowerRating)
+1.5%, …

(
SNDK |
Quote |
Chart |
News |
PowerRating) -6%,
(
UTSI |
Quote |
Chart |
News |
PowerRating) -5%,
(
BEBE |
Quote |
Chart |
News |
PowerRating) -5%,
(
CSGS |
Quote |
Chart |
News |
PowerRating)
-4%.