Cisco: Analysts' Upgrades, Downgrades

Editor's Note: Green and red arrows refer to intraday stock price movement.

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

Autodesk ( ADSK) upgraded at Morgan Stanley. ADSK was upgraded from Underweight to Equal-weight. Fundamental outlook is improving.

Alaska Air ( ALK) rated new Buy at Citigroup. ALK was initiated with a Buy rating. $75 price target. Company generates solid earnings and free cash flow.

Blackrock ( BLK) upgraded at Citigroup from Hold to Buy. $210 price target. Company is improving its competitive position.

Concur Technologies ( CNQR) downgraded at Morgan Keegan. CNQR was downgraded from Outperform to Market Perform. Valuation call.

Concur Technologies ( CNQR) numbers lowered at Goldman. Shares of CNQR now seen reaching $51. Estimates also cut, given lower sales expectations. Neutral rating.

Cisco ( CSCO) estimates, target lowered at Goldman. Shares of CSCO now seen reaching $23. Estimates also cut, given the company's lower sales guidance. Neutral rating.

Cisco ( CSCO) downgraded at Deutsche. CSCO was downgraded from Buy to Hold. $22 price target. Company lowered its forward guidance.

Cisco ( CSCO) downgraded at William Blair to Market Perform. Company lowered its forward guidance.

Cisco ( CSCO) downgraded at Wunderlich from Buy to Hold. $22 price target. Company is seeing lower orders.Cisco downgraded by Deutsche Banks, William Blair and Wunderlich; estimates, target lowered at Goldman.

Flextronics ( FLEX) downgraded at Citigroup. FLEX was downgraded from Buy to Hold. Company generates about 10% of its sales from CSCO.

WW Grainger ( GGW) downgraded at Citigroup. GWW was downgraded from Hold to Sell. Valuation call, as the company is already pricing in early-cycle growth. $118 price target.

Intel ( INTC) upgraded at Morgan Stanley. INTC was upgraded from Equal-weight to Overweight. $26 price target. Valuation call, as the stock is already pricing in risks to growth.

Jabil Circuit ( JBL) downgraded at Citigroup from Buy to Hold. Company is leveraged to lower growth at CSCO.

JetBlue ( JBLU) downgraded at Citigroup from Buy to Hold. Valuation call, based on an $8 price target.

M&T Bank ( MTB) upgraded at Stifel to Buy from Hold. $100 price target. Company should continue to outperform its peers.

99 Cents Only ( NDN) upgraded at Deutsche from Hold to Buy. $18 price target. Company should expand its margins over the coming quarters.

Petsmart ( PETM) upgraded at Barclays from Equal-weight to Overweight. Company should be able to sustain its sales growth momentum into 2011. $45 price target.

Radio Shack ( RSH) downgraded at Barclays from Overweight to Equal-weight. $22 price target. Company lacks near-term catalysts.

This article was written by a staff member of TheStreet.

More from Stocks

EBay Stock Tumbles 8.9% to Hit Lowest Level in Nearly 2 Years

EBay Stock Tumbles 8.9% to Hit Lowest Level in Nearly 2 Years

Disney Is One of Jim Cramer's 10 Best Stocks for a Market Pullback

Disney Is One of Jim Cramer's 10 Best Stocks for a Market Pullback

Your Need to Know - Forward Look

Your Need to Know - Forward Look

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

Secular Payment Shift Offers Enough Opportunity to Go Around for PayPal, Square

Secular Payment Shift Offers Enough Opportunity to Go Around for PayPal, Square