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Monday's Analysts' Upgrades and Downgrades

 

CHANGE IN RATINGS

ArvinMeritor (ARM Quote) upgraded at UBS: ARM upgraded to Neutral rating from Reduce at UBS. Price target jumps to $20 from $14 and 2007 EPS estimates rise to $1.35 from $1.30.

American Axle (AXL Quote) upgraded at Deutsche: AXL was upgraded from Hold to Buy at Deutsche Bank. $30 price target. Company reported solid fourth quarter results, but significant risks remain to its core business.

Barnes & Noble (BKS Quote) upgraded at Prudential: BKS was upgraded from Neutral to Overweight at Prudential. $46 price target. New Harry Potter book could drive overall growth this summer.

Crocs (CROX Quote) upgraded at Baird: CROX was upgraded from Neutral to Outperform at Robert Baird. $80 price target. Company likely had a good fourth quarter, and is positioned well for 2007. ...

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