Analysts' Upgrades, Downgrades: Delta

CHANGE IN RATINGS

Adtran ( ADTN) upgraded at Citigroup to Buy. $27 price target. Company has significant potential to accelerate revenue growth.

BJ Services ( BJS) downgraded at JPMorgan. Rating lowered to Underweight from Neutral. Price target lowered to $12 from $17. 2009 EPS estimates lowered to 76 cents from 85 cents.

Continental Airlines ( CAL) upgraded at Morgan Stanley. Rating raised to Overweight from Equal-weight. Introduces $12 price target. 2009 EPS estimates raised to $2.34 from 18 cents.

Cisco Systems ( CSCO) initiated at Deutsche Bank. Initiated with a Buy rating and $26 price target. Introduces 2009 EPS estimates of $1.12.

Delta Air Lines ( DAL) initiated at Morgan Stanley. Initiated with an Overweight rating and $9 price target. Introduces 2009 EPS estimates of -69 cents.

Energy Conversion Devices ( ENER) initiated at JPMorgan. Initiated with an Overweight rating and $28.50 price target. Introduces 2009 EPS estimates of 84 cents.

F5 Networks ( FFIV) initiated at Deutsche Bank. Initiated with a Hold rating and $37 price target. Introduces 2009 EPS estimates of $1.06.

First Solar ( FSLR) downgraded at JPMorgan. Rating lowered to Neutral from Overweight. Price target raised to $140 from $92. Maintains 2009 EPS estimates of $5.83.

Gran Tierra Energy ( GTE) initiated at JPMorgan. Initiated with a Neutral rating. Introduces 2009 EPS estimates of 18 cents.

Johnson Controls ( JCI) downgraded at Deutsche Bank. Rating lowered to Hold from Buy. Price target raised to $23 from $20. 2009 EPS estimates lowered to 39 cents from 42 cents.

Juniper Networks ( JNPR) initiated at Deutsche Bank with a Hold rating and $22 price target. Introduces 2009 EPS estimates of 47 cents.

If you liked this article you might like

How Kendall Jenner's New Rap Star Boyfriend Could Save Under Armour's Stock Price

Analysts' Actions -- Dr. Pepper, Expedia, GoPro, Nutanix and More

Caleres Acquires Allen Edmonds, May Now Rule Men's Footwear

Will Caleres (CAL) Stock Be Hurt by Downbeat Q2 Results?

Caleres (CAL) Weak On High Volume Today