Change in Ratings

Franklin Resources ( BEN - Get Report) downgraded at JPMorgan from neutral to underweight. Company could soon see net redemptions. Estimates also cut as fee and interest income also declining.

Compass Minerals ( CMP - Get Report) downgraded at Credit Suisse from overweight to neutral. Valuation call. Estimates also increased, because of higher expected potash prices.

Capital One Financial ( COF - Get Report) downgraded at KBW from market perform to underperform. Credit outlook will outweigh better than expected first-quarter results. $40 price target.

Capital One Financial estimates raised at UBS7:38 AM EDTCOF estimates raised at UBS. 2008 EPS estimates raised to $5.00 from $4.70. Maintains Sell rating and $46 price target.

Entergy ( ETR - Get Report) downgraded at Jefferies to hold from buy. Maintains $116 price target and 2008 EPS estimates of $6.80.

Exelon ( EXC - Get Report) downgraded at Jefferies to hold from buy. Maintains 2008 EPS estimates of $4.40 and $90 price target.

Google ( GOOG - Get Report) upgraded at Jefferies to buy from hold. Raises 2008 EPS estimates to $20.51 from $19.19. Maintains $600 price target.

MKS Instruments ( MKSI - Get Report) upgraded at Credit Suisse from neutral to overweight. Near-term estimates may be too high, but the stock is poised to outperform when the sector begins to recover.

Philip Morris International ( PM - Get Report) short-term rating introduced at UBS. Initiates a short-term rating of buy. Reiterates long-term rating of neutral, $54 price target and 2008 EPS estimates of $3.18.

Textron ( TXT) downgraded at Credit Suisse from overweight to underweight. Expect earnings estimates to come down, as a handset slowdown emerges in Europe.

Stock Comments/EPS Changes

AMD ( AMD) 2008 EPS estimates lowered at Jefferies to -$1.52 from -$1.00. Maintains hold rating and $7 price target.

AMD 2008 EPS estimates lowered at UBS to -$1.19 from -97 cents. Reiterates neutral rating and $7.25 price target.

Amylin Pharmaceuticals 2008 EPS estimates lowered at Jefferies to -$2.11 from -$2.10. Maintains buy rating and $47 price target.

Continental Airlines ( CAL) 2008 EPS estimates lowered at UBS to -$3.33 from -$1.81. Maintains neutral rating and $22 price target.

Cubist Pharmaceuticals ( CBST) 2008 EPS estimates raised at Jefferies to $1.38 from $1.32. Maintains buy rating and $31 price target.

Checkpoint Software ( CHKP) 2008 EPS estimates raised at Jefferies to $1.77 from $1.73. Maintains hold rating and $24 price target.

CIT Group ( CIT) 2008 EPS estimates lowered at UBS to -$1.20 from $2.15. Maintains price target of $21 and buy rating.

Cypress Semi ( CY) target raised, estimates cut at Jefferies. Price target raised to $30 from $22. 2008 EPS estimates lowered to $1.02 from $1.22. Maintains hold rating.

Cypress Semi 2008 EPS estimates lowered at UBS to 49 cents from 50 cents. Maintains buy rating and $35 price target.

Cytec ( CYT) 2008 EPS estimates lowered at Jefferies to $4.15 from $4.28. Maintains buy rating and $67 price target.

Dynegy ( DYN) price target raised at Jefferies to $10.50 from $9.00. Maintains buy rating and 2008 EPS estimates of 20 cents.

Consolidated Edison ( ED) price target raised at Jefferies to $40.50 from $38.00. Maintains hold rating and 2008 EPS estimates of $3.00.

Evergreen Solar numbers raised at Jefferies. Price target raised to $10 from $8. 2008 EPS estimates raised to -34 cents from -40 cents. Maintains hold rating.

E*Trade ( ETFC) price target raised at Goldman to $4 from $2.50 based on stabilizing client attrition trends. Although first-quarter earnings missed estimates, management commentary on $11.4 billion home equity portfolio was more upbeat than expected. Believe company needs to raise capital. Maintained neutral rating.

FirstEnergy ( FE) price target raised at Jefferies to $85 from $82. Maintains buy rating and 2008 EPS estimates of $4.35.

Harley-Davidson ( HOG) price target lowered at Goldman to $39 from $42 based on lower 2008 production guidance, higher raw materials costs and restructuring expenses. Also note tighter credit standards at HDFS. Maintained neutral rating.

Harley Davidson numbers lowered at UBS. 2008 EPS estimates lowered to $3.07 from $3.53. Price target lowered to $36 from $38. Maintains neutral rating.

International Game Technology ( IGT) numbers lowered at UBS. 2008 EPS estimates lowered to $1.37 from $1.53. Price target lowered to $52 from $55. Maintains buy rating.

Intuit ( INTU) 2008 EPS estimates raised at Jefferies to $1.60 from $1.58. Maintains buy rating and $33 price target.

Southwest Airlines ( LUV) 2008 EPS estimates lowered at UBS to 18 cents from 25 cents. Maintains neutral rating and $12.50 price target.

Merrill Lynch numbers lowered at UBS. 2009 EPS estimates lowered to $5.15 from $5.30. Lowers price target to $49 from $52. Reiterates neutral rating.

Nucor ( NUE) 2008 EPS estimates raised at UBS to $6.30 from $6.15. Maintains buy rating and $80 price target.

Orbital Sciences ( ORB) numbers raised at Jefferies. Price target raised to $30 from $28. 2008 EPS estimates raised to 87 cents from 85 cents. Maintains buy rating.

RGA ( RGA) 2008 EPS estimates lowered at UBS to $5.75 from $6.09. Maintains neutral rating and $60 price target.

Sandisk ( SNDK) 2008 EPS estimates lowered at UBS to 98 cents from $1.18. Maintains $24 price target and neutral rating.

Sunpower ( SPWR) 2008 EPS estimates raised at Jefferies to $2.17 from $2.13. Maintains buy rating and $110 price target.

United Technologies ( UTX) 2008 EPS estimates lowered at Jefferies to $4.85 from $4.86. Maintains buy rating and $85 price target.

Whole Foods numbers cut at Morgan Stanley. WFMI shares now seen reaching $30. Estimates also cut, as expectations for Wild Oats remain too high. Underweight rating.

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