J. Crew: Analysts' Upgrades, Downgrades

NEW YORK (TheStreet) -- CHANGE IN RATINGS

Comerica (CMA) downgraded at Soleil from Buy to Hold. $37 price target. Equity offering will dilute earnings.

Chevron (CVX) downgraded at BofA/Merrill to Neutral from Buy as near term production looks flat. Price target cut by $5 to $90.

Edison International (EIX) upgraded at Jefferies from Hold to Buy. $37.50 price target. Valuation call, as the stock is not yet pricing in a potential EME bankruptcy.

Global Payments (GPN) upgraded at Susquehanna to Positive. $53 price target. Credit appears to be recovering and the new G2 platform should enhance margins.

Intermune (ITMN) upgraded at ThinkEquity from Hold to Buy. Positive FDA advisory committee meeting sets up for U.S. commercial launch in the second half of the year.

J. Crew Group (JCG) downgraded at Citi to Hold from Buy on valuation. 2011 and 2012 EPS estimates increased to $2.30 and $2.70, respectively. Price target raised by a dollar to $50.

Collective Brands (PSS) downgraded at Soleil from Buy to Hold. $26 price target. Management has little forward visibility about future growth.

STOCK COMMENTS / EPS CHANGES

A123 Systems (AONE) estimates down at Barclays. AONE 2010 and 2011 EPS estimate sunk to -$1.02 and -$0.46, respectively, on mixed Q4 results. 2010 will likely be a transition year. Maintain $18 price target and Equal Weight rating.

Bucyrus (BUCY) added to Conviction Buy List at Goldman. $80 price target. Company should benefit from a bullish mining capex cycle and realize synergies from the Terex purchase.

Dick's Sporting Goods (DKS) target raised at Goldman to $29. Company is on track to deliver continued organic growth. Buy rating.

Dow Chemical (DOW) estimates reduced at Morgan Stanley. DOW estimates were cut through 2012. Company will be affected by higher propylene prices and the Styron divestiture. Overweight rating and $43 price target.

Evercore (EVR) added to Conviction Buy List at Goldman. $40 price target. Company offers attractive exposure to M&A trends.

Foot Locker (FL) price target boosted at Barclays. FL price target jumped to $15 from $12 after positive annual investor meeting. Reiterate Equal Weight rating. 2010 and 2011 EPS estimates set at 75 cents and 85 cents, respectively.