Analysts' Upgrades, Downgrades: eBay

CHANGE IN RATINGS

BMC Software

(BMC)

upgraded at Goldman Sachs to Buy. Price target raised to $32 from $25.

CommVault

(CVLT) - Get Report

downgraded at Goldman Sachs to Sell from Neutral due to severe budget cuts in IT spending. Price target lowered to $9 from $10.50.

Fluor

(FLR) - Get Report

downgraded at Citigroup to Sell. Valuation call, based on a $37 price target.

Research In Motion

(RIMM)

downgraded at Cowen to Underperform. Outlook created more questions than it answered, as gross margins are likely to fall 5% next quarter despite 19% sequential revenue growth.

Telmex

(TMX)

downgraded at Goldman Sachs to Sell from Neutral. Price target at $18.80.

STOCK COMMENTS / EPS CHANGES

Coca-Cola Enterprises

(CCE)

numbers raised at Morgan Stanley. Shares now seen reaching $17. Estimates also boosted, because of the foreign exchange benefit. Equal-weight rating.

Darden Restaurants

(DRI) - Get Report

numbers raised at Barclays. Shares now seen reaching $31. Overweight rating.

Ingersoll-Rand

(IR) - Get Report

numbers cut at Barclays. Estimates reduced through 2009. Equal-weight rating and new $14 price target. Ingersoll-Rand price target cut at Goldman to $14 from $22. Maintained Neutral rating.

Lexmark

(LXK)

numbers cut at Morgan Stanley. Shares now seen reaching $26. Estimates also lowered, based on the weaker economy. Equal-weight rating.

STRATEGY CALLS / MARKET CALLS

Amazon

(AMZN) - Get Report

and

eBay

(EBAY) - Get Report

downgraded at Bernstein from Outperform to Market Perform. Valuation call, as there is little upside potential to 2009 numbers.

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