NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Alcon ( ACL) downgraded at Wells Fargo to Market Perform from Outperform on legal maneuvering by NVS and the IDC / minority shareholders. 2011 estimates cut to $8.34 from $8.46. Valuation lowered to $161-$163.

Alcon ( ACL) estimates upped at UBS through 2011. Company is seeing improved fundamentals across the board. Neutral rating and $162 price target.

Agco ( AGCO) upgraded at Stifel from Hold to Buy. $50 price target. Company is in the midst of a multi-year turnaround story.

Agco ( AGCO) estimates, target boosted at UBS. Shares of AGCO now seen reaching $32. Estimates also upped, as the company is seeing better sales in South America. Sell rating.

CH Robinson ( CHRW) upgraded at BB&T from Hold to Buy. $73 price target. Gross margin pressure is near a climax.

CH Robinson ( CHRW) numbers boosted at UBS. Shares of CHRW now seen reaching $75. Estimates also upped, as the company has better sales visibility. Buy rating.

DCP Midstream ( DPM) downgraded at UBS from Buy to Neutral. Valuation call, based on a $34 price target.

Entegris ( ENTG) upgraded at Citi to Hold from Sell. Structural improvement suggest a strong 2011. Maintain $5 price target.

Ensco ( ESV) downgraded at Morgan Stanley from Overweight to Underweight. $57 price target. Sector still faces headwinds.

Global Payments ( GPN) target cut at Credit Suisse to $44 from $50. 2Q results revealed better revenue but lower margins. Reiterate Neutral rating.

Global Payments ( GPN) downgraded at Janney from Buy to Neutral. Company is seeing a lower benefit from its platform consolidation.

Global Payments ( GPN) downgraded at Morgan Stanley from Equal-weight to Underweight. $35 price target. Earnings should remain volatile, as the company faces margin headwinds.

Hexcel ( HXL) downgraded at BofA/Merrill to Neutral from Buy. Solid fundamentals but stock approaching fair value. Price target raised to $22 from $18.

Nasdaq ( NDAQ) upgraded at Stifel from Hold to Buy. $23 price target. Company has an improving outlook and is likely to repurchase more shares.

Noble ( NE) downgraded at Morgan Stanley from Overweight to Underweight. $35 price target. Valuation call, following the recent sector rally.

Owens & Minor ( OMI) downgraded at Baird from Outperform to Neutral. $30 price target. Stock lacks near-term catalysts.

Paccar ( PCAR) estimates, target raised at UBS. Shares of PCAR now seen reaching $47. Estimates also increased, given the company's strong operating momentum. Neutral rating.

Paccar ( PCAR) upgraded at Baird from Neutral to Outperform. $55 price target. Company should continue to benefit from secular growth drivers.

Pride International ( PDE) downgraded at Morgan Stanley from Equal-weight to Underweight. $25 price target. Sector no longer appears oversold.

PNM Resources ( PNM) downgraded at Jefferies to Underperform from Hold on significant opposition to the company's requested rate increase.

Rowan ( RDC) upgraded at Morgan Stanley from Equal-weight to Overweight. Valuation call, based on a $40 price target.

Range Resources ( RRC) downgraded at Canaccord to Hold from Buy on weak natural gas market for the next 12 months. $41 price target.

Range Resources ( RRC) upgraded at FBR to Outperform. $60 price target. Valuation call, as the market is underestimating the company's production capability.

Spectra Energy ( SEP) downgraded at UBS from Neutral to Sell. $31 price target. Valuation call, as the stock is up 56% over the past year.

Time Warner ( TWX) rated new Neutral at Wedbush Securities. $36 price target. Estimates are in-line with consensus.

Western Gas Partners ( WES) initiated at Credit Suisse with a Neutral rating and $24 price target. The natural gas focused midstream MLP will drive solid distribution growth.

STOCK COMMENTS / EPS CHANGES

Aetna ( AET) target, estimates higher at Barclays. AET price target raised to $40 from $38 on substantial EPS beat. 2010 and 2011 EPS estimates jumped to $3.10 and $3.40, respectively. Overweight rating.

Aflac ( AFL) estimates lowered at UBS. AFL estimates were reduced through 2011. Company is seeing lower U.S. sales. Neutral rating and $48 price target.

Broadcom ( BRCM) price target higher at Citi to $45 from $40 after strong 2Q10 results. Maintain Buy rating.

Broadcom ( BRCM) estimates increased at UBS through 2011. Company continues to gain market share with its new products. Buy rating and $41 price target.

Cummins ( CMI) target, estimates boosted at Barclays. CMI price target jumped to $103 from $95. Robust 2Q results shows CMI firing on all cylinders. 2010 and 2011 EPS estimates increased to $5 and $6.30, respectively. Reiterate Overweight rating.

Cummins ( CMI) estimates, target increased at UBS. CMI estimates were raised through 2011. Company boosted its sales and margin guidance. Buy rating and new $108 price target.

Corn Products International ( CPO) price target raised at Citi. CPO price target boosted to $39 from $37 on strong 2Q10 results driven by volumes and margins. Maintain Hold rating.

Dupont ( DD) estimates, target boosted at Morgan Stanley. Shares of DD now seen reaching $45. Estimates also upped, given better realized volumes and pricing. Equal-weight rating.

Dupont ( DD) target, estimates higher at Barclays. DD price target boosted to $44 from $41 on strong 2Q10 earnings. 2010 and 2011 EPS estimates lifted to $3.05 and $3.20, respectively. Maintain Equal Weight rating.

Energizer ( ENR) estimates, target increased at UBS. ENR estimates were raised through 2011. Company is seeing better domestic battery sales. Buy rating and new $75 price target.

ITT Educational Services ( ESI) numbers reduced at Credit Suisse. ESI price target plunged to $78 from $110. Enrollment growth miss and outlook uncertain. 2011 and 2012 EPS estimates lowered to $11.15 and $9.55, respectively. Neutral rating.

Exelon ( EXC) estimates, target reduced at Oppenheimer. Shares of EXC now seen reaching $40. Estimates also cut, given weaker forward power prices. Perform rating.

Fiserv ( FISV) estimates boosted at Credit Suisse. FISV 2010 and 2011 EPS estimates raised to $4.04 and $4.44, respectively. Solid 2Q earnings with strong guidance. Maintain Neutral rating and $55 price target.

Fortune Brands ( FO) numbers lowered at Morgan Stanley through 2011. Company will be hurt by weaker housing trends. Equal-weight rating and new $51 price target.

L-3 Communications ( LLL) estimate higher at Barclays. LLL 2010 EPS estimate lifted to $8.15, 2011 held at $9.05. Decent 2Q10 results. Maintain $100 price target and Overweight rating.

Level 3 ( LVLT) estimates upped at Morgan Stanley through 2012. Company is seeing better Enterprise and Federal demand. Underweight rating.

Lexmark ( LXK) estimates increased at Morgan Stanley through 2012. Company continues to build upon its sales momentum. Underweight rating.

Massey Energy ( MEE) numbers lowered at UBS through 2011. Company is seeing lower thermal volumes and costs remain high. Buy rating and new $58 price target.

McAfee ( MFE) estimates, target reduced at UBS. MFE estimates were cut through 2011. Company will likely be hurt by currency trends. Buy rating and new $41 price target.

Norfolk Southern ( NSC) estimates raised at Barclays. NSC 2010 and 2011 EPS estimates improved to $3.75 and $4.50, respectively. EPS beat and record margins for the second quarter. Reiterate Overweight rating and $65 price target.

Occidental Petroleum ( OXY) price target trimmed at Barclays by a dollar to $96 on modest 2Q production miss. Acquisition activity picking up. Reiterate Overweight rating.

Occidental Petroleum ( OXY) numbers reduced at UBS. Shares of OXY now seen reaching $100. Estimates also cut, given the company's new production guidance. Buy rating.

PNC Financial ( PNC) estimates raised at Morgan Stanley through 2012. Company is seeing a better credit outlook. Overweight rating and $78 price target.

Regions Financial ( RF) estimates lowered at Morgan Stanley through 2012. Company is facing higher regulatory costs. Underweight rating and $10 price target.

Tellabs ( TLAB) estimates upped at UBS through 2011. Company is seeing better international demand and may repurchase more shares. Buy rating and $11 price target.

Under Armour ( UA) estimates, target raised at UBS. Shares of UA now seen reaching $45. Estimates also increased, as higher sales are leading to better margins. Buy rating.

Valero ( VLO) estimates cut at Morgan Stanley through 2012. Refining margins will likely soften after summer. Equal-weight rating and $21 price target.

Websense ( WBSN) target trimmed at Credit Suisse by a dollar to $19. Billings miss and long term concerns remain, Credit Suisse said. Maintain Neutral rating.

U.S. Steel ( X) estimates lowered at UBS through 2011. Company lowered its guidance, because of the flat-rolled segment. Neutral rating and $46 price target.
This article was written by a staff member of TheStreet.