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Analysts' Upgrades, Downgrades: Xerox

Stock quotes in this article: XRX , CAT , CCE , LLL , SAM , JNPR , FIG  

Change in Ratings

Caterpillar (CAT Quote) downgraded at Merrill Lynch to Neutral from Buy. Price target lowered to $41 from $76. Fiscal 2009 EPS estimates lowered to $4.10 from $6.80.

Coca-Cola Enterprises (CCE Quote) upgraded at Goldman Sachs to Neutral from Sell based on easing comparisons, more benign commodity outlook and improved take-home profitability. Note attractive valuation on 2009 earnings estimates and solid free cash flow yield. Price target at $11. ...

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