Analysts' Upgrades, Downgrades: Ingersoll

CHANGE IN RATINGS

Autodesk (ADSK Quote) downgraded at Deutsche Bank. Rating lowered to Hold from Buy. Lowers price target to $24 from $25. Maintains fiscal 2010 EPS estimates of $0.54.

Boeing (BA Quote) downgraded at Barclays from Overweight to Equal-weight. $46 price target. High risk remains in timing of 787 deliveries.

BE Aerospace (BEAV Quote) upgraded at Friedman, Billings Ramsey from Market Perform to Outperform. $22 price target. Company should outperform its peers when the sector rebounds.

Cabot Oil & Gas (COG Quote) downgraded at Oppenheimer from Outperform to Perform. Valuation call, based on average historical multiples.

Complete Production Services (CPX Quote) downgraded at Credit Suisse to Neutral from Outperform. Valuation is the primary factor in the change of ratings as the co. has been one of the best performing stocks in its group and reached its price target. Maintained $8 price target.

Ensco (ESV Quote) upgraded at Friedman, Billings Ramsey to Outperform. Jackup tender activity is increasing, which could signal a market bottom.

Exelon (EXC Quote) downgraded at Keybanc from Buy to Hold. Valuation call, as the company trades at a 17% premium to its peers.

Exelon (EXC Quote) downgraded at Wells Fargo from Outperform to Market Perform. Valuation call, as the company trades at a 20% premium to its peers.

Global Payments (GPN Quote) downgraded at Wells Fargo to Market Perform. Valuation call, though the HSBC acquisition should be accretive to earnings.

Rowan (RDC Quote) upgraded at Friedman, Billings Ramsey to Market Perform. Expect utilization to stabilize toward the end of the year.