Cisco: Analysts' Upgrades, Downgrades

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Accenture (ACN Quote) upgraded at Citigroup from Hold to Buy. $45 price target. Business should begin to turn in 2010, led by improving margins.

Applied Materials (AMAT Quote) upgraded at Citigroup from Hold to Buy. $17 price target. Stock also added to the Top Picks Live list, given new SunFab wins.

Cabot Oil & Gas (COG Quote) downgraded at Merrill/BofA to Underperform from Neutral on a lack of near-term catalysts. $38 price target.

Cisco (CSCO Quote) upgraded at Barclays to Overweight from Equal Weight on improving carrier demand. 2010 EPS lifted to $1.40 from $1.34. Price target boosted to $28 from $24.

Shanda Games (GAME Quote) rated new Hold at Brean Murray. Company's content is aging and the company has an unproven track record.

General Dynamics (GD Quote) upgraded at Collins Stewart from Hold to Buy. $78 price target. Gulfstream is showing signs of bottoming.

Jack Henry (JKHY Quote) downgraded at Wells to Market Perform. Valuation call.

Jones Apparel (JNY Quote) downgraded at Goldman to Neutral. Stock is up 64% over the past three months, largely pricing in inventory re-stocking. $19.50 price target.

Liz Claiborne (LIZ Quote) downgraded at Goldman to Neutral. Sales trends should remain choppy, but the turnaround should ultimately succeed. $5 price target.

Navistar International (NAV Quote) initiated at Barclays with an Equal Weight rating and $42 price target. 2009 and 2010 EPS estimates set at $2.15 and $2.80, respectively.

St. Mary's (SM Quote) upgraded at Merrill/BofA to Buy from Underperform as the Eagleford Shale project represents a positive opportunity for the company. $37 price target.