NEW YORK ( TheStreet) -- CHANGE IN RATINGSBristol-Myers ( BMY) rated new Hold at Jefferies. Coverage of BMY was started with a Hold rating. $27 price target. Stock is already priced for perfect execution. Cbeyond ( CBEY) upgraded at BofA/Merrill to Neutral from Underperform on more balance risk. Price target raised by a dollar to $13. Dendreon ( DNDN) rated new Outperform at Baird. $48 price target. See significant upside potential ahead of the May 1 PDUFA date. Eli Lilly ( LLY) rated new Buy at Deutsche. $41 price target. Stock trades at a 40% discount to the market. LTX-Credence ( LTXC) initiated at Barclays with an Overweight rating and $5 price target. Spending on test equipment should be higher than expected in 2011. 2010 and 2011 EPS estimates set at 12 and 35 cents, respectively. NRG Energy ( NRG) downgraded at BofA/Merrill to Neutral from Buy on new long term gas price assumptions. Price target set at $24. Southern Copper ( SCCO) upgraded at Deutsche from Hold to Buy. $38 price target. Valuation call, with dividends up and higher moly prices.
Mead Johnson ( MJN) numbers increased at Goldman through 2011. Dairy costs have pulled back and M&A can fuel future growth. Buy rating and new $57 price target. Microsoft ( MSFT) estimates boosted at Goldman through 2012. PC product cycle will drive growth. Buy rating and $38 price target. Netflix ( NFLX) target raised at UBS to $72. Company is seeing lower churn and should benefit from competitors closing stores. Neutral rating. National Semiconductor ( NSM) price target cut at Citigroup by a dollar to $22. Maintain Buy rating. National Semiconductor ( NSM) numbers upped at Goldman. Shares of NSM now seen reaching $13. Estimates also raised, because of a sales recovery and lower operating expenses. Sell rating. Research in Motion ( RIMM) cut from Focus List at Kaufman. Stock is up 21% since Feb. 1 and could be subject to profit-taking. Smithfield Foods ( SFD) estimates raised at Morgan Stanley through 2011. Company is seeing better profit margins, aided by lower interest costs. Equal-weight rating. Visa ( V) estimates raised at Goldman through 2012. Company is growing sales through multiple channels. Buy rating and $103 price target. Exxon Mobil ( XOM) estimates tweaked at Barclays. XOM 2011 EPS estimate lowered 5 cents to $7.35, 2010 maintained at $5.95. Maintain Overweight rating and $92 price target. Exxon Mobil ( XOM) estimates upped at Morgan Stanley through 2012. Equal-weight rating and $80 price target.