Friday's Analysts' Upgrades, Downgrades

Electronic Data SystemsEDS numbers raised at Jefferies. 2008 EPS estimates raised to $1.45 from $1.34. Price target increased to $21 from $19. Maintains hold rating.

EmulexELX numbers lowered at UBS. 2008 EPS estimates lowered to 94 cents from $1.00. Lowers price target to $17 from $21. Maintains buy rating.

EnscoESV price target raised at Jefferies to $74 from $66. 2008 EPS estimates lowered to $8.52 from $8.67. Maintains hold rating.

GoodrichGR 2008 EPS estimates raised at Jefferies at $4.50 from $4.25. Maintains hold rating and $75 price target.

Juniper NetworksJNPR 2008 EPS estimates raised at UBS to $1.01 from 98 cents. Maintains buy rating and $30 price target.

KirbyKEX numbers raised at Jefferies. 2008 EPS estimates raised to $2.89 from $2.71. Price target raised to $55 from $47. Maintains hold rating.

Kennametal 2008 EPS estimates raised at UBS to $2.73 from $2.70. Maintains neutral rating and $32 price target.

L-3 CommunicationsLLL numbers raised at Jefferies. 2008 EPS estimates raised to $6.70 from $6.60. Price target raised to $120 from $110. Maintains hold rating.

McAfeeMFE numbers lowered at Jefferies. 2008 EPS estimates lowered to $1.85 from $1.90. Price target lowered to $40 from $43. Maintains buy rating.

McAfee numbers raised at UBS. 2008 EPS estimates raised to $1.60 from $1.53. Price target raised to $37 from $36. Maintains neutral rating.

MicrosoftMSFT numbers raised at Jefferies. 2008 EPS estimates increased to $2.15 from $2.12. Price target increased to $35 from $33. Maintains buy rating.