Analysts' Upgrades, Downgrades: Apple

CHANGE IN RATINGS

BB&T (BBT Quote) upgraded at FBR Capital to market perform from underperform and $20 price target maintained. At current levels, BBT's capital ratios are healthy relative to peers, however concerned over risky markets including FL, GA, TN and Carolinas. Expect credit losses to will continue to weigh on earnings and no near term catalysts.

C R Bard (BCR Quote) initiated at Deutsche Bank. Initiated with a Hold rating and $79 price target. Introduces 2009 EPS estimates of $5.00.

CA (CA Quote) downgraded at Goldman to Neutral from Buy. Lagging revenue and currency headwinds remain active factors that are challenging the stock. Lowered price target to $22 from $24.

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