FedEx: Analysts' Upgrades, Downgrades

NEW YORK (TheStreet) -- CHANGE IN RATINGS

LAN Airlines (LFL Quote) upgraded at Credit Suisse to Neutral from Underperform on better outlook for cargo in 2010. Price target boosted to $16 from $13. 2009 and 2010 EPS estimates set at 57 cents and 78 cents, respectively.

Talecris Bio (TLCR Quote) rated new Overweight at Morgan Stanley. Company has strong leverage relative to its peers in the plasma market.

Taiwan Semiconductor (TSM Quote) upgraded at FBR from Market Perform to Outperform. Estimates also raised, to reflect and improving mix/yield. $13 price target.

TW Telecom (TWTC Quote) upgraded at JP Morgan. Rating raised to Overweight from Neutral. Price target raised to $17 from $12. Maintains 2009 EPS estimates of $0.15.

Walter Investments (WAC Quote) initiated at Credit Suisse with an Outperform rating and $15 price target. 2009 and 2010 EPS estimates introduced at $1.82 and $1.95, respectively.

Wynn Resorts (WYNN Quote) downgraded at UBS from Buy to Neutral. New analyst has a $64 price target.

STOCK COMMENTS / EPS CHANGES

Applied Materials (AMAT Quote) estimates, target raised at FBR. Shares of AMAT now seen reaching $14. Estimates also boosted, to reflect higher silicon bookings. Market Perform rating.

BJ's Wholesale (BJ Quote) added to Conviction Sell list at Goldman. Company is set to post relatively low same-store sales. $33 price target.

Bristow Group (BRS Quote) price target, estimates boosted at Barclays. Shares of BRS now seen reaching $44, up from $40. 2010 and 2011 EPS estimates raised to $3.10 and $3.35, respectively. Maintain Equal Weight rating.

Coca-Cola Ent. (CCE Quote) cut from Conviction Buy list at Goldman. See better upside potential in retail names. $27 price target.