Analysts' Upgrades, Downgrades: Visa

Smithfield Foods (SFD Quote) target cut at Credit Suisse to $8 from $24. Maintained Neutral rating.

Visa (V Quote) estimates cut at Morgan Stanley through 2010. Company likely seeing lower service fees and international transaction volume. Equal-weight rating and $85 price target.

STRATEGY CALLS/MARKET CALLS

Clean energy sector downgraded at Morgan Stanley from Attractive to In-Line. 2009 will be challenging for the group, and a better entry point will likely emerge in the next 3-6 months. First Solar (FSLR Quote) and SunPower (SPWRA Quote) remain the analysts' top picks.

Oppenheimer said it is cutting its 2009 estimates on Nokia (NOK Quote), Motorola (MOT Quote), Skyworks, Research in Motion (RIMM Quote), RF Micro (RFMD Quote), Brightpoint (CELL Quote) and Anadigics (ANAD Quote) due to weakening trends in global handset sales. Note that carriers are taking a cautious stance and keeping inventories low heading into next year. Also expect additional declines in pricing.