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Analysts' Upgrades, Downgrades: FedEx

Stock quotes in this article: AFL , BRCD , CAT , F , EAT , FDX , GD  

CHANGE IN RATINGS

Aflac (AFL Quote) downgraded at Barclays from Equal-weight to Underweight. $20 price target. Valuation call, based on the company's book value.

BJ Services (BJS Quote) downgraded at Barclays from Overweight to Equal-weight. $13 price target. Pressure pumping market will likely remain weak through 2010.

Brocade (BRCD Quote) upgraded at Goldman Sachs to Buy from Neutral. Expect higher Street estimates and multiple expansion as Cisco pushes into server market. Shares are still down 37% in 2009, leaving additional upside as a result of improved competitive position. Price target raised to $6.50 from $3.75.

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