Aetna: Analysts' Upgrades, Downgrades

Home Depot (HD) upgraded at Morgan Stanley from Equal-weight to Overweight. $35 price target. Company is positioned well for a housing recovery.

IntercontinentalExchange (ICE) upgraded at Susquehanna. ICE was upgraded to Positive. $114 price target. Company should see better results from OTC energy trading.

Idacorp (IDA) upgraded at Keybanc. IDA was upgraded from Hold to Buy. $33 price target. Recent rate settlement was favorable, and not yet priced into the stock.

K12 (LRN) downgraded at Credit Suisse to Neutral from Outperform as state budget pressures could weigh on the company's margins and revenue. Price target remains at $20.

Moody's (MCO) rated new Neutral at Goldman. $30 price target. Pending reform is an overhang, despite the company's exposure to growing global credit.

McGraw-Hill (MHP) rated new Neutral at Goldman. $35 price target. Company lower relative margins, but strong earnings visibility.

Newell Rubbermaid (NWL) upgraded at Morgan Stanley. NWL was upgraded from Equal-weight to Overweight. $18 price target. Stock is near trough valuation, and has an attractive risk/reward profile.

Southern Copper (PCU) upgraded at Credit Suisse. PCU upgraded to Outperform from Underperform on higher copper prices. Price target raised to $34 from $31.50. 2009 and 2010 EPS estimates set at $1.09 and $2.13, respectively.

Washington Federal (WFSL) upgraded at FBR. WFSL was upgraded from Market Perform to Outperform. $22 price target. Stock is attractive following a recent pullback, and the company is rich with capital.

Exxon Mobil (XOM) upgraded at Collins Stewart from Hold to Buy. $80 price target. Market is underestimating the value of the XTO deal.

STOCK COMMENTS / EPS CHANGES

Burger King (BKC) estimates increased at UBS. BKC estimates were raised through 2011. Company is realizing higher margins, despite weaker sales. Neutral rating and $18 price target.