Analysts' Upgrades, Downgrades: AIG

Change in Ratings

Bemis (BMS Quote - Cramer on BMS - Stock Picks) upgraded at Merrill Lynch to Neutral from Underperform based on stabilizing plastic-packaging trends. Note attractive 7.8% free cash flow yield and prospects for falling plastic resin costs. Price target raised to $29 from $26.

Exco Resources (XCO Quote - Cramer on XCO - Stock Picks) initiated at RBC with an Outperform rating and $43 price target. Introduces 2008 EPS estimates of $1.07.

Stock Comments/EPS Changes

Barrick Gold (ABX Quote - Cramer on ABX - Stock Picks) numbers lowered at RBC. Price target lowered to $45 from $48. Lowers 2008 EPS estimates to $2.22 from $2.46. Maintains Sector Perform rating.

AIG (AIG Quote - Cramer on AIG - Stock Picks) price target cut at Credit Suisse to $22 from $30 based on deterioration of credit markets. Expect elevated losses from derivatives business. Q3 estimate lowered to a loss of 86 cents a share from previous profit of 13 cents. Maintained Neutral rating.

Intuit (INTU Quote - Cramer on INTU - Stock Picks) target price raised at UBS to $34 from $33. Lowers fiscal 2009 EPS estimates to $1.89 from $1.93. Maintains Buy rating.