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Monday's Analysts' Upgrades, Downgrades

Stock quotes in this article: CEL , CI , CIT , GPS , COL , LEH , MON , TXT  

Change in Ratings

Cellcom Israel(CEL Quote) downgraded at Jefferies to hold rating from buy. Price target cut to $30 from $35 while 2008 EPS estimates raised to $2.15 from $2.12.

Cigna(CI Quote) upgraded at UBS to buy rating from neutral. Price target and fiscal year 2009 EPS estimates hold at $50 and $4.85, respectively.

CIT Group(CIT Quote) downgraded at Oppenheimer to perform. Company was too slow to address its liquidity concerns, and will likely have to execute a fire sale for its assets.

Rockwell Collins(COL Quote) upgraded at JPMorgan from neutral to overweight. Company trades at a discount to its peers, and should continue to announce program wins away from the 787 project. ...

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