CHANGE IN RATINGS

Barrick Gold

(ABX)

downgraded at RBC to Sector Perform from Outperform based on strong share price performance and lower relative return within the sector.

Alcon

(ACL)

downgraded at Wachovia from Outperform to Market Perform. Stock has beat its peers since December, and management cut organic sales guidance.

ConocoPhillips

(COP) - Get Report

upgraded at Deutsche Bank from Sell to Hold. $40 price target.

DryShips

(DRYS) - Get Report

upgraded at Oppenheimer to Perform and 2009 EPS reduced to $1.29 from $1.69. Oppenheimer believes downside has largely been realized.

Intuit

(INTU) - Get Report

upgraded at Citigroup to Buy. Price target raised to $27 from $23. Lowers 2009 EPS estimates to $1.81 from $1.84.

ITT

(ITT) - Get Report

upgraded at J.P. Morgan to Neutral from Underweight based on valuation. Price target raised to $35 from $29.

Limited Brands

(LTD)

upgraded at Citigroup to Buy from Hold. Maintain 2009 EPS estimates of $1.07 and $10 price target.

Motorola

(MOT)

upgraded at Credit Suisse to Neutral from Underperform based on higher 2010 earnings estimate. Expect spending reductions to improve profitability despite 2009 trough for core businesses. Target price unchanged at $4.50.

Mylan

(MYL) - Get Report

upgraded at Barclays from Equal-weight to Overweight. $16 price target.

Netflix

(NFLX) - Get Report

rated new Underperform at Merrill/BofA. Valuation call, as the stock is already pricing in improving metrics and market position. $32 price target.

Palm

(PALM)

upgraded at Deutsche Bank to Buy from Hold. 2009 EPS estimates raised to a loss of $1.86 from a loss of $1.88. Note significant 2010 earnings potential if management can achieve even modest success. Price target raised to $10 from $6.

Psychiatric Solutions

(PSYS)

upgraded at Deutsche Bank to Buy from Hold and price target increased to $34 from $33.

Exxon Mobil

(XOM) - Get Report

upgraded at Deutsche Bank to Buy. $80 price target.

STOCK COMMENTS / EPS CHANGES

Lowe's

(LOW) - Get Report

numbers reduced at Barclays. Shares now seen reaching $20. Estimates also cut, to match the company's new guidance. Overweight rating.

Microsoft

(MSFT) - Get Report

numbers cut at Barclays. Shares now seen reaching $20. Estimates also lowered, to reflect a slower PC sales market. Sector Perform rating.

STRATEGY CALLS / MARKET CALLS

Citigroup changes ratings on five regional banks.

Huntington Bancshares

(HBAN) - Get Report

,

Marshall & Ilsley

(MI)

,

Regions Financial

(RF) - Get Report

and

Zions Bancorp

(ZION) - Get Report

were downgraded to Hold. Stress tests will have a major effect on the sector. On the other hand,

Synovus Financial

(SNV) - Get Report

was upgraded to Buy, because of its relative strength.

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