Analysts' Upgrades and Downgrades

Analysts' Upgrades, Downgrades: Hess

Stock quotes in this article:HES, XOM, BJ 

State Street (STT) estimates cut, target raised at Credit Suisse because of the TARP repayment. That said, business fundamentals likely improved from the first quarter. Outperform rating and new $54 price target.

Time Warner Cable (TWC) numbers increased at Barclays to $33. Estimates also raised, to reflect lower debt expenses. Equal-weight rating.

MEMC Electronic (WFR) 2009 estimates lowered at Kaufman because of evidence of weaker solar and semiconductor demand. Buy rating and $24 price target.

XL Capital (XL) target raised at Friedman, Billings Ramsey to $17. Book value has stabilized and the company is on the road to recovery. Outperform rating.

Exxon Mobil (XOM) numbers increased at Barclays through 2010. Company should benefit from higher oil prices. Equal-weight rating and new $91 price target.

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This article was written by a staff member of TheStreet.com.

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