Analysts Upgrades & Downgrades is published weekdays at 10am EDT.

CHANGE IN RATINGS

Bank of America

(BAC) - Get Bank of America Corp Report

estimates raised at Morgan Stanley through 2011. Investment banking and retail brokerage revenue likely to top expectations in the coming quarters. Overweight rating and $32 price target.

Bank of America

(BAC) - Get Bank of America Corp Report

upgraded at Keefe, Bruyette & Woods to Outperform. $16.50 price target. Valuation call, as the company has improved its balance sheet with recent capital raising.

BB&T

(BBT) - Get BB&T Corporation Report

upgraded at Goldman to Neutral from Sell following their capital raise. Decreased target price to $24 from $25.

Image placeholder title

Corn Products

( CPO) downgraded at BMO from Outperform to Market Perform. $30 price target. Valuation call. Recent problems should abate and margins could return to the double-digits in 2010.

Fifth Third Bancorp

(FITB) - Get Fifth Third Bancorp Report

upgraded at Goldman to Buy from Neutral following valuation. Raised target price to $8 from $6.50.

Great Plains Energy

(GXP)

upgraded at Goldman to Buy from Hold. The increase in ratings follows the completion of its equity overhang and attractive valuation. Maintained price target of $19.

Huntington Bancshares

(HBAN) - Get Huntington Bancshares Incorporated (HBAN) Report

upgraded at Goldman to Neutral from Sell following their capital raise. Maintained target price of $4.50.

Jones Apparel

(JNY)

upgraded at Morgan Stanley to Overweight. $14 price target. Restructuring should begin to help margins in the second half of the year.

Mastercard

(MA) - Get Mastercard Inc. (MA) Report

initiated at Piper Jaffray. Initiated with a Buy rating and $222 price target. Introduces 2009 EPS estimates of $10.86.

PF Chang's

( PFCB) upgraded at Argus to Buy. $41 price target. Same-store sales are recovering and cost-cutting should help margins.

Portland General Electric

(POR) - Get Portland General Electric Company Report

downgraded at Goldman to Neutral from Conviction Buy based on valuation. Maintained price target of $21.

Phillips-Van Heusen

(PVH) - Get PVH Corp. Report

upgraded at Morgan Stanley to overweight with $37 price target. Upgrade based on margin stabilization in the domestic businesses and the underappreciated value of the Calvin Klein licensing business.

Regions Financial

(RF) - Get Regions Financial Corporation Report

upgraded at Goldman to Buy from Neutral based on valuation. Decreased target price to $5 from $5.50.

Raymond James

(RJF) - Get Raymond James Financial, Inc. Report

upgraded at Pali from Neutral to Buy. $20 price target. Bank credit quality is improving, and the company is leveraged to an improvement in the equity markets.

UnitedHealth Group

(UNH) - Get UnitedHealth Group Incorporated Report

downgraded at Oppenheimer to Underperform from Perform. Indicating that the co. is relying on a very aggressive Medicare bidding strategy that will likely result in significant margin compression. Decreased price target to $24 from $32.

VistaPrint

(VPRT)

TheStreet Recommends

downgraded at Citigroup to Hold from Buy. Due to its current valuation, the risk/reward scenario is less compelling after reaching its target price. Maintained target price of $44.

Western Alliance Bancorp

(WAL) - Get Western Alliance Bancorp Report

downgraded at Goldman to Sell from Neutral. Decreased price target to $6 from $8.

Warnaco

(WRC)

downgraded at Morgan Stanley to equal weight from overweight with $39 price target. Morgan Stanley continues to believe in long term potential of Calvin Klein portfolio, however recent outperformance leaves other retail stocks with a more favorable risk/reward profile.

STOCK COMMENTS / EPS CHANGES

Americredit

( ACF) target raised at Credit Suisse to $13 from $10. Due to the co.'s funding constraints, it is believed that they trade at a discount compared to their book value. Maintained Neutral rating.

Air Products

(APD) - Get Air Products and Chemicals, Inc. Report

target raised at Jefferies to $78. Company has manageable cyclical risk with a product line that is positioned well in a slowing demand environment. Buy rating.

Yamana

(AUY) - Get Yamana Gold Inc. Report

target decreased at Credit Suisse to $9.25 from $9.50 based on a decline in production following the sale of three of assets. Maintained Neutral rating.

Brown & Brown

(BRO) - Get Brown & Brown, Inc. Report

estimates cut at Barclays through 2010. Organic growth is slowing during the recession. Underweight rating and $16 price target.

Darden Restaurants

(DRI) - Get Darden Restaurants, Inc. Report

target boosted at Morgan Stanley to reaching $41. Stock should be bought ahead of the June 23 earnings report. Company is outperforming its peers in a difficult environment. Overweight rating.

Duke Energy

(DUK) - Get Duke Energy Corporation (DUK) Report

target lowered at Goldman to $14 from $15. Maintained Neutral rating.

El Paso Electric

(EE) - Get El Paso Electric Company Report

target decreased at Goldman to $18 from $19. Lower capital spending and higher than expected rates led to the decrease in numbers. Maintained Buy rating.

Home Depot

(HD) - Get Home Depot, Inc. (HD) Report

estimates increased at Barclays through 2011. Company held an upbeat analyst meeting, highlighting its improved market position ahead of the home improvement turnaround. Overweight rating and $26 price target.

Skyworks

(SWKS) - Get Skyworks Solutions, Inc. Report

estimates, target raised at Barclays. Shares seen reaching $12. Estimates increased, as the company is likely taking market share in handsets. Equal-weight rating.

T. Rowe Price

(TROW) - Get T. Rowe Price Group Report

numbers increased at Goldman to $34. Estimates also raised, to reflect strong equity market performance. Inflows should also begin to improve soon. Neutral rating.

Vale

(VALE) - Get Vale S.A. Sponsored ADR Report

numbers increased at Credit Suisse to $19 from $18. Cites the changes in the price curve for iron ore. Maintained Neutral rating.

Wisconsin Energy

( WED) target raised at Goldman to $43 from $42 following its earnings statement. Maintained Neutral rating.

Westar Energy

(WR)

target raised at Goldman to $21 from $20. Lower near term capital spending, rate based growth, and decreased equity issuance led to the decrease in ratings. Maintained Neutral rating.

XL Capital

(XL) - Get XL FLEET CORP. Report

target raised at Credit Suisse to $13 from $9. Following its agreement with Berkshire Hathaway the co. is more stabilized and the risk of insolvency is less. Maintained Neutral rating.

This article was written by a staff member of TheStreet.com.