Cramer's Take on Headline Stocks

Updated with stock prices throughout.

Eyes are on Ben Bernanke today, as the Federal Reserve chairman delivers his testimony before a congressional panel regarding whether the Fed was involved in any sort of cover-up during Bank of America's(BAC Quote) acquisition of Merrill Lynch.

BofA closed flat for the day on Thursday at $12.35.

In earnings news, Lennar(LEN Quote) reported lower-than-expected second-quarter earnings, losing $125.2 million, or 76 cents per share, compared with analyst estimates for a loss of 64 cents a share.

Lennar added $1.37, or 17.5%, to close at $9.19 on Thursday.

ConAgra(CAG Quote)'s fourth-quarter profit fell 13%, while sales have seen a 21% rise this year.

ConAgra slid 85 cents, or 4.2%, to close at $19.18 today.

And in analyst ratings news, Susquehanna downgraded Nike(NKE Quote) to neutral from positive, while Goldman Sachs raised its price target on the stock to $49 from $48 and maintained its neutral rating, and Merrill Lynch/Bank of America lowered its 2010 estimates to $3.60 a share and maintained its buy rating and $65 price target.

Nike lost $1.74, or 3.3%, to $51.28 today.

Goldman downgraded ConocoPhillips(COP Quote) to neutral from buy and lowered its price target on the stock to $53 from $60. The firm upgraded Deere(DE Quote) to neutral with a $42 price target. And Citigroup rated Freeport-McMoRan(FCX Quote) hold with a $53 price target.

ConocoPhillips added 6 cents to $41.76, Deere closed up $2.12 at $42.11, and Freeport gained $1.95 to $50.75 on Thursday.

With his in mind, we thought we'd take a look at some of the stocks in the news and see what Jim Cramer's had to say about them lately.

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