Advance America downgraded at Jefferies: Jefferies said it is downgrading AEA to Hold from Buy based on disappointing earnings results, lower operating leverage, and reduced outlook for growth. Results will remain under pressure until company can compliment its core loan offering with ancillary products. Price target lowered to $16 from $17. Akamai upgraded at Prudential: Prudential said it is upgrading AKAM to an Overweight rating after blowout Q2 results. Chesapeake Energy upgraded at JP Morgan: CHK was upgraded from Neutral to Overweight, JP Morgan said. Transferred analyst coverage. Company has hedged more than 80% of its second half natural gas production, and is on pace to post 10% organic growth. Cymer upgraded at Merrill: CYMI was upgraded from Neutral to Buy, Merrill Lynch said. $45 price target. Valuation is compelling, following post-earnings selloff. Company nearly has a monopoly in its newest line of lasers. Walt Disney upgraded at JP Morgan: DIS was upgraded from Neutral to Overweight, JP Morgan said. New analyst believes that ESPN will drive growth. Focus on branded films should also add to profitability. Finally, concerns about the theme parks have been overblown. Harley-Davidson upgraded at Goldman: Goldman said it is upgrading HDI to Buy from Neutral based on revamped 2007 production line. Raised target price to $65. Hilb, Rogal & Hobbs upgraded at Merrill: HRH was upgraded from Sell to Neutral, Merrill Lynch said. Estimates also raised, as organic growth should continue to rebound faster than expected. Lone Star downgraded at Bear Stearns: Bear Stearns downgraded LSS to Outperform to Peer Perform based on lower projected margins. Slashed 2006 estimates to $4.40 from $5.70 and 2007 estimates to $5.20 from $6.70. Lone Star downgraded at Jefferies: Jefferies said it is downgrading LSS to Hold from Buy due to higher costs and weak business mix. See no near-term catalyst for shares. 2006 estimates cut to $4.70 from $5.91. Price target slashed $21 to $50. Monster Worldwide upgraded at Credit Suisse: Credit Suisse said it is upgrading MNST to Outperform from Neutral. Cites risk/reward balance is favorable. Lowered target price to $52 from $56. Navteq downgraded at Deutsche Bank: Deutsche Bank said it is downgrading NVT to Sell from Hold based on flat in-car navigation from weak auto sales and consumer shifts to lower cost PND's. Lowered target price to $24 from $45. News Corp. upgraded at JP Morgan: NWS.A upgraded from Neutral to Overweight, JP Morgan said. New analyst believes that Sky Italia will drive fiscal 2007 growth. Cable networks also growing at nearly a double-digit annual pace through the end of the decade. Rockwell Automation upgraded at FBR: FBR upgraded ROK to Outperform from Market Perform. Raised 2006 estimates to $3.27 from $3.25 and 2007 estimates five cents to $3.85. The sharp sell off has created opportunity for investors. Rockwell Automation upgraded at AG Edwards: AG Edwards said it is upgrading ROK to Buy from Hold with a $73 target price. Believes risk/reward is compelling after market overreacted to F3Q results.