Analysts' Upgrades, Downgrades: Kohl's

CHANGE IN RATINGS

Abbott Laboratories (ABT Quote) downgraded at Wachovia to Market Perform. Cholesterol franchise faces challenges, and arthritis prescription growth rates are slowing.

American Electric (AEP Quote) upgraded at Keybanc from Hold to Buy. Estimates cut because of the recent equity offering, though it will help pay down debt. Stock is trading at a significant discount to its peers.

BMC (BMC Quote) downgraded at UBS to neutral from buy and price target maintained at $37. UBS does not see material upside potential to the company's current share price barring an acquisition. At $34, BMC is trading at 15x UBS CY09 EPS estimate (ex ESO expense) of $2.27.

CA (CA Quote) downgraded at Jefferies from Buy to Hold. $18 price target. Company had to take a large charge, and bookings were likely weak for March. ...