Friday's Analysts' Upgrades and Downgrades

Rare Hospitality(RARE Quote) was upgraded to Buy, Suntrust Robinson Humphrey said. Monthly sales appear to be trending well, outside of the weather. Earnings guidance may also prove conservative.

RARE numbers lowered at Jefferies. Price target drops to $38 from $40. 2007 EPS estimates lowered to $1.69 from $1.91. Reiterates Buy rating.

Strayer Education(STRA Quote) was upgraded from Neutral to Outperform, Robert Baird said. $139 price target. Company is posting solid revenue growth and has a strong balance sheet.

STRA was upgraded to Neutral, Suntrust Robinson Humphrey said. Company posted strong quarterly results, and should be able to maintain higher margins in 2007.

Stock Comments/EPS Changes

Amerigroup(AGP Quote) price target raised to $41 from $34 at Jefferies. Reiterates Hold rating.

Baker Hughes(BHI Quote) numbers lowered at Jefferies. Price target drops to $88 from $92. 2007 EPS estimates lowered to $4.85 from $4.90. Reiterates Buy rating.

Career Education(CECO Quote) estimates cut at UBS. 2007 EPS estimates decreased to $1.26 from $1.39. Reiterates Neutral rating and $26 price target.

Darden Restaurants(DRI Quote) price target raised at UBS. Price target increased to $50 from $47. Reiterates Buy rating.

Brinker(EAT Quote) numbers raised at UBS. 2007 EPS estimates raised to $1.77 from $1.76. 2008 EPS estimates raised to $1.99 from $1.96. Price target raised to $38 from $32.

Huntsman(HUN Quote) estimates reduced at UBS. 2007 EPS estimates reduced to $2.15 from $2.30. 2008 EPS estimates reduced to $2.25 from $2.35. Reiterates Buy rating and $26 price target.