Ann Taylor Stores ( ANN) upgraded at Goldman to Buy from Neutral. The co. has been executing efficiently and has a less risk and more reward scenario affiliated with it. New products which are more brand appropriate, conservative inventory plans and changes to merchandise flow which will increase gross margins and act as catalysts following the upgrade. Increased price target to $13 from $6.50. Aeropostale ( ARO) downgraded at Goldman to Neutral from Buy based on valuation as it is nearing its expectations. The firm believes that significant improvements in product and process at the co. will yield to the upside of its consensus estimates. Maintained $38 price target. C.R. Bard ( BCR) downgraded at Piper Jaffray. Rating lowered to Neutral from Overweight. Price target lowered to $77 from $86. 2009 EPS estimates lowered to $5.07 from $5.09. The Bank of New York Mellon ( BK) price target, estimates lowered at Merrill/BofA. Price target from $36 to $31. 2009 and 2010 EPS estimates cut from $2.10 to $2.00 and from $2.75 to $2.35, respectively. Maintain Buy rating. Concur Tech ( CNQR) upgraded at Kaufman to Hold. $35 price target. Channel checks suggest smaller volume declines and the potential for new business adds. Carlisle ( CSL) upgraded at Keybanc from Underweight to Hold. Estimates also raised, as margins are improving. Citrix Systems ( CTXS) downgraded at Needham from Buy to Hold. Valuation call, as management continues to have a cautious outlook. Citrix Systems ( CTXS) target raised at Goldman to $39 from $35. The co. reported a solid quarter highlighted by better licenses and strong cost controls. If virtual desktop demand ramps up this company could benefit significantly. Maintained Buy rating.