CHANGE IN RATINGS

Alcoa

(AA) - Get Report

downgraded at Goldman to Neutral. Valuation call, based on a $13 price target. Inventory is also at historically high levels.

Abercrombie & Fitch

(ANF) - Get Report

downgraded at Susquehanna. Rating lowered to Neutral from Positive. Lowers 2009 EPS estimates of -$0.10 from $0.04. Eliminates $36 price target.

Ann Taylor

(ANN)

upgraded at UBS from Neutral to Buy. $15 price target. Estimates also boosted, to reflect improved fashion and value pricing at Loft.

Cigna

(CI) - Get Report

downgraded at Credit Suisse. Rating lowered to Neutral from Outperform. Maintains $32 price target. Maintains 2009 EPS estimates of $3.88.

Harsco

(HSC) - Get Report

upgraded at KeyBanc. Rating raised to Buy from Hold. Introduces $38 price target. Maintains 2009 EPS estimates of $1.74.

Southwest Airlines

(LUV) - Get Report

downgraded at Jesup & Lamont. Rating lowered to Sell from Hold. Establishes $4 price target. Maintains 2009 EPS estimates of $0.10.

MedAssets

(MDAS)

downgraded at UBS. Rating lowered to Neutral from Buy. Price target raised to $21 from $20. Maintains 2009 EPS estimates of $0.82.

Netflix

(NFLX) - Get Report

upgraded at Kaufman Brothers. Rating raised to Buy from Hold. Price target raised to $53 from $48. Maintains 2009 EPS estimates of $1.85.

NetApp

(NTAP) - Get Report

upgraded at BMO. Rating raised to Outperform from Market Perform. Raises target price to $27.50 from $20.00. Raises fiscal 2010 EPS estimates to $1.29 from $1.15.

Target

(TGT) - Get Report

numbers raised at Goldman through 2011. Company is seeing a higher gross margin and also cutting costs. Buy rating and new $53 price target.

Target

(TGT) - Get Report

upgraded at Piper Jaffray. Rating raised to Overweight from Neutral. Price target raised to $52 from $45. Fiscal 2010 EPS estimates raised to $3.01 from $2.90.

Tenet Healthcare

(THC) - Get Report

initiated at Wells Fargo. Initiated with a Market Perform rating and valuation range of $3.50-$5.50. Maintains 2009 EPS estimates of $0.09.

STOCK COMMENTS / EPS CHANGES

Analog Devices

(ADI) - Get Report

estimates raised at Barclays through 2010. Core industrial sales should gradually improve. Overweight rating and $26 price target.

Analog Devices

(ADI) - Get Report

numbers raised at Morgan Stanley. Price target raised to $31 from $26. 2009 EPS estimates raised to $0.87 from $0.82. Maintains Overweight rating.

CBS

(CBS) - Get Report

numbers increased at UBS to $12. Estimates also raised, to reflect a rebound in advertising spending. Buy rating.

Freeport-McMoran

(FCX) - Get Report

added to Conviction Buy List at Goldman. New analyst also has a $90 price target. Copper prices should separate from the other base metals.

Gamestop

(GME) - Get Report

target raised, estimates cut at Goldman. Shares now seen reaching $27. On the other hand, estimates were lowered, to reflect weak industry sales trends. Neutral rating.

Home Depot

(HD) - Get Report

estimates through 2011, target boosted at Barclays. Company is realizing higher margins. Overweight rating and new $29 price target.

Hess

(HES) - Get Report

cut from Conviction Buy List at Goldman. $75 price target. FCX offers better upside potential at current levels.

Hewlett-Packard

(HPQ) - Get Report

numbers raised at Morgan Stanley. Price target raised to $57 from $40. 2009 EPS estimates raised to $3.83 from $3.65. Maintains Overweight rating.

Hewlett-Packard

(HPQ) - Get Report

estimates boosted at Barclays through 2010. See higher spending on servers and more stable printing supplies demand. Overweight rating and $50 price target.

Eli Lilly

(LLY) - Get Report

estimates cut at Morgan Stanley through 2015. Company facing increased generic competition and suffered a failure in its pipeline. Underweight rating and $34 price target.

Lowe's

(LOW) - Get Report

target cut at FBR. Shares now seen reaching $22. Company is struggling, relative to HD. Market Perform rating.

Perrigo

(PRGO) - Get Report

numbers increased at Goldman. Shares now seen reaching $26. Estimates also boosted, to reflect margin gains. Neutral rating.

Saks

(SKS)

estimates through 2011, target boosted at Goldman. Company is cutting costs. Neutral rating and new $5.50 price target.

Sempra Energy

(SRE) - Get Report

estimates cut through 2011, target raised at Goldman. Company seeing lower generation profits. Neutral rating and new $54 price target.

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