NEW YORK ( TheStreet) -- CHANGE IN RATINGSComerica ( CMA) downgraded at Soleil from Buy to Hold. $37 price target. Equity offering will dilute earnings. Chevron ( CVX) downgraded at BofA/Merrill to Neutral from Buy as near term production looks flat. Price target cut by $5 to $90. Edison International ( EIX) upgraded at Jefferies from Hold to Buy. $37.50 price target. Valuation call, as the stock is not yet pricing in a potential EME bankruptcy. Global Payments ( GPN) upgraded at Susquehanna to Positive. $53 price target. Credit appears to be recovering and the new G2 platform should enhance margins. Intermune ( ITMN) upgraded at ThinkEquity from Hold to Buy. Positive FDA advisory committee meeting sets up for U.S. commercial launch in the second half of the year. J. Crew Group ( JCG) downgraded at Citi to Hold from Buy on valuation. 2011 and 2012 EPS estimates increased to $2.30 and $2.70, respectively. Price target raised by a dollar to $50. Collective Brands ( PSS) downgraded at Soleil from Buy to Hold. $26 price target. Management has little forward visibility about future growth.