CHANGE IN RATINGS

Air Products

(APD) - Get Report

downgraded at J.P. Morgan to Neutral from Overeweight following recent positive stock performance vs. peers. Price target lowered to $55 from $60.

Chubb

(CB) - Get Report

upgraded at Merrill/BofA to a Buy from Neutral with a $55 price target.

Citrix Systems

(CTXS) - Get Report

downgraded at Credit Suisse from Outperform to Neutral. $24.50 price target. Estimates also lowered. Citrix Systems downgraded at Merrill/BofA to Neutral from Buy and price target reduced to $25 from $31.

DryShips

(DRYS) - Get Report

downgraded at Oppenheimer to Underperform with an $8 price target.

W.W. Grainger

(GWW) - Get Report

rated new Equal-weight at Barclays. $75 price target.

Lam Research

(LRCX) - Get Report

downgraded at Credit Suisse from Neutral to Underperform. $12.50 price target. Estimates also slashed.

MSC Industrial

(MSM) - Get Report

upgraded at Jefferies from Hold to Buy. $44 price target.

News Corp.

(NWS) - Get Report

downgraded at Pali Research from Buy to Sell. $5.50 price target. 2009 estimates also cut 18% below consensus.

NYSE Euronext

(NYX)

downgraded at Piper Jaffray to Neutral from Buy. Price target cut to $25 from $39.

Exxon Mobil

(XOM) - Get Report

downgraded at Goldman Sachs to Neutral from Buy. Price target reduced to $70 from $75 based on reduced defensive premium.

STOCK COMMENTS / EPS CHANGES

Boeing

(BA) - Get Report

price target lowered at Goldman to $35 from $36 following weak Q4 results. Maintained Sell rating.

Cisco Systems

(CSCO) - Get Report

numbers cut at Barclays. Shares now seen reaching $17.50. Estimates also lowered. Equal-weight rating.

General Dynamics

(GD) - Get Report

numbers cut at Merrill/BofA. Shares now seen reaching $66. Estimates also lowered. Neutral rating. General Dynamics target raised at Goldman to $65 from $64. Expect estimates to hold steady throughout the year. Maintained Neutral rating.

Intersil

(ISIL)

numbers raised at UBS. Shares now seen reaching $6.75. Estimates also upped. Reiterate Sell rating.

Qualcomm

(QCOM) - Get Report

numbers lowered at Morgan Stanley through 2011. Equal-weight rating and new $40 price target.

Symantec

(SYMC) - Get Report

numbers raised at Barclays through 2010. Equal-weight rating and new $15 price target.

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