AMB Property ( AMB) upgraded at Credit Suisse to Outperform from Neutral based on the co.'s successful recapitalization efforts and attractive relative capitalization. Increased price target to $22 from $17. American Express ( AXP) upgraded at Stifel Nicolaus from Sell to Hold. Company is the least exposed to new credit card legislation. Deliquencies have also dropped significantly this quarter. Franklin Resources ( BEN) upgraded at JPMorgan. Rating raised to Overweight from Underweight. Price target raised to $94 from $75. 2009 EPS estimates lowered to $2.95 from $2.96. Citrix Systems ( CTXS) downgraded at Oppenheimer to perform from outperform and $33 price target removed due to: shares have run up 33% since early April, trading at a premium to group median, EMEA remains challenged and chances of an M&A transaction with CTXS as the target in the near term are remote. FPL Group ( FPL) downgraded at Credit Suisse to Neutral from Outperform. Factors that led to the downgrade are valuation, the federal renewable standards could be later than expected, and a tempering of wind growth toward the mid/lower end of the 1000-2000 MW target. Increased price target to $63 from $62. Group 1 Automotive ( GPI) downgraded at Goldman to Neutral from Buy based on valuation as the stock has risen sharply over the past few months. Increased price target to $25 from $23 to reflect slightly higher new car sales assumptions, higher used car grosses, and lowered SG&A. Nordstrom ( JWN) rating increased at Goldman to Neutral from Sell. Cites valuation and a more reward/ less risk scenario. Maintained target price of $21.