AOL: Analysts' Upgrades, Dowgrades

NEW YORK (TheStreet) -- CHANGE IN RATINGS

AES (AES) downgraded at Argus from Buy to Hold. Company had a poor third quarter and has limited upside potential over the next 12 months.

AOL (AOL) rated new Neutral at UBS. $24 price target. Company is in the early stages of a turnaround, but the stock could exhibit weakness in its early days of trading.

Franklin Resources (BEN) rated new Hold at Jefferies. $115 price target. Stock is up 70% year-to-date, and investors may look to shift away from fixed-income investments.

Cree (CREE) rated new Neutral at UBS. $55 price target. Valuation call, as gross margins will likely be flat in the near term.

Cenovus Energy (CVE) rated new Neutral at Goldman. $30 price target. Company has mature natural gas assets that will outweigh potential from oil sands until 2011.

Disney (DIS) rated new Hold at Needham. Company is facing difficult comparisons at its theme parks.

Dick's Sporting Goods (DKS) upgraded at BofA/Merrill to Buy from Neutral. Price target raised to $28 from $23.

Eastman Chemical (EMN) rated new Buy at Goldman. Coverage of EMN was started with a Buy rating. $72 price target. Company has cyclical leverage, with 70% of sales coming from economically sensitive areas.

Entropic Communications (ENTR) upgraded at Thomas Weisel to Overweight from Market Weight as the company is poised for significant revenue growth in 2010. Price target raised from $3.50 to $5. 2009 and 2010 EPS estimates increased to $0.00 and $0.29, respectively.