Apple: Analysts' Upgrades, Downgrades

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Agilent Technologies (A) downgraded at Thomas Weisel to Market Perform from Overweight on slow pace of recovery. Price target lifted to $29 from $25. 2009 and 2010 EPS estimates set at $0.72 and $1.11, respectively.

Alcoa (AA) upgraded at Deutsche Bank. Rating raised to Buy from Hold. Price target raised to $17 from $12. Maintains 2009 EPS estimates of -$0.92.

Advanced Auto Parts (AAP) initiated at Barclays with an Equal Weight rating and $40 price target. Results from AAP's turn-around program will take time, said Barclays. 2009 and 2010 EPS estimates set at $3.05 and $3.25, respectively.

Akamai (AKAM) downgraded at Merriman from Neutral to Sell. Company remains out of line on pricing in content delivery.

AutoZone (AZO) initiated at Barclays with an Equal Weight rating and $165 price target. 2010 and 2011 EPS estimates set at $13.18 and $14.65, respectively.

Consolidated Edison (ED) upgraded at Jefferies from Hold to Buy. $46 price target. Company is a low-risk play, with dividend growth potential.

Entergy (ETR) downgraded at Jefferies from Buy to Hold. Estimates also lowered, to reflect lower expected heat rates and market power prices. $87 price target.

Fairchild Semiconductor (FCS) downgraded at JP Morgan. Rating lowered to Underweight from Neutral. Price target raised to $9 from $8. 2009 EPS estimates raised to -$0.17 from -$0.19.

First Niagara (FNFG) upgraded at Stifel Nicolaus from Hold to Buy. $16 price target.

Ithaca Energy (IAE) initiated at Thomas Weisel with an Overweight rating and $2 price target. Analysts highlighted the company's clean balance sheet and growth potential.