Red Hat: Analysts' Upgrades, Downgrades

Hewlett-Packard (HPQ) price target raised at Credit Suisse to $60 from $55. Maintain Outperform rating. 2009 and 2010 EPS estimates set at $3.83 and $4.30, respectively.

International Rectifier (IRF) numbers boosted at UBS through 2011. Unit demand and the mix shift are improving. Neutral rating and new $21 price target.

LifePoint Hospitals (LPNT) numbers boosted at Goldman. Shares now seen reaching $30. Estimates also raised, to reflect better expected admissions growth. Neutral rating.

K12 (LRN) estimates raised at Credit Suisse. Credit Suisse increased LRN 2009 and 2010 EPS estimates to $0.42 and $0.55, respectively. Maintain Outperform rating and $20 price target.

Lexmark (LXK) added to Conviction Sell list at Goldman. LXK was added to the Conviction Sell list. Stock is now up 20% since earnings. $20 price target.

Mariner Energy (ME) target lifted, estimates changed at Credit Suisse. Increased ME price target by a dollar to $15. Maintain Outperform rating. 2009 EPS estimate raised to $0.72 from $0.58, 2010 dropped to $0.30 from $0.39.

MGM Mirage (MGM) numbers raised at Goldman. Shares of MGM now seen reaching $9. Estimates also boosted, to reflect better Macau results. Neutral rating.

SandRidge Energy (SD) price target cut at Credit Suisse by a dollar to $13. 2009 and 2010 EPS estimates set at $0.84 and $0.71, respectively. Maintain Neutral rating.

TRW Automotive (TRW) estimates boosted at Morgan Stanley through 2011. Company is seeing higher sales and margins. Equal-weight rating and $20 price target.

Ultra Petroleum (UPL) numbers raised at Goldman. UPL estimates were increased through 2011. Production growth remains strong. Neutral rating and new $60 price target.

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