Analysts' Upgrades, Downgrades: Yum!

CHANGE IN RATINGS

Choice Hotels (CHH Quote) downgraded at Barclays to underweight from equal weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $25 from $22 based on their updated DCF analysis.

Checkpoint Software (CHKP Quote) downgraded at JPMorgan. Rating lowered to Neutral from Overweight. Maintains $25.50 price target. Lowers 2009 EPS estimates from $1.94 to $1.87.

Enterprise Products (EPD Quote) downgraded at Citigroup from Buy to Hold. $26 price target. Company is paying a high premium for TPP.

Starwood (HOT Quote) downgraded at Barclays to Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $17 from $15 based on valuation.

Marriott (MAR Quote) downgraded at Barclays to Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Lowered price target to $14 from $15.

Marvel Entertainment (MVL Quote) upgraded at JP Morgan. Rating raised to Overweight from Neutral. Price target raised to $42 from $27. Maintains 2009 EPS estimates of $1.25.

TRW Automotive (TRW Quote) upgraded at Merrill/BofA from Underperform to Neutral. $11.50 price target. Covenant relief could help the company through a difficult period in the automotive business.

Werner Enterprises (WERN Quote) upgraded at JP Morgan. Rating raised to Overweight from Neutral. Price target raised to $24 from $18. 2009 EPS estimates raised to $0.78 from $0.72.