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.
Goodrich ( GR) added to Conviction Buy List at Goldman. Estimates also raised, because of higher A320 prices. $85 price target. Starwood Hotels ( HOT) price target boosted at BofA/Merrill. HOT price target lifted to $46 from $40 on belief on Starwood's real estate could be up to 25% undervalued. Maintain Buy rating. Humana ( HUM) estimate changed at Barclays. HUM 2011 EPS estimate introduced at $5.50, 2010 maintained at $5.30. Reiterate Equal Weight rating and $53 price target. J. Crew ( JCG) target, estimate boosted at Credit Suisse. JCG price target surged to $53 from $45 after strong 4Q09 results. 2010 EPS estimate improved to $2.44 from $2.06, 2012 introduced at $2.90. Maintain Outperform rating. J. Crew ( JCG) estimates, target boosted at FBR. JCG estimates were raised through 2011. Company is seeing higher margins and increased guidance. Outperform rating and new $51 price target. Kroger ( KR) estimates lowered at Morgan Stanley. KR estimates were reduced through 2011. Company is seeing a lower gross margin. Equal-weight rating. Lazard ( LAZ) cut from Conviction Buy List at Goldman. Potential secondary offering could hang over the stock. Ruby Tuesday ( RT) price target increased at BofA/Merrill by a dollar to $8 on better than expected 3Q sales. Estimates improved through 2012. Maintain Underperform rating. Steel Dynamics ( STLD) estimates lowered at UBS. STLD estimates were cut through 2011. Company reduced guidance, because of higher scrap costs. Buy rating and $23 price target. Textron ( TXT) removed from Conviction Buy List at Goldman. TXT was cut from the Conviction Buy List. Stock is up 15% year-to-date and the company lacks near-term catalysts. Vale ( VALE) estimates, target increased at Goldman. Shares of VALE now seen reaching $44. Estimates also boosted, because of higher iron ore prices. Buy rating. Yum! Brands ( YUM) target, estimate higher at Credit Suisse. YUM price target increased to $44 from $41 on stronger domestic profits. 2011 EPS estimate raised to $2.76, 2010 held at $2.40. Maintain Outperform rating.