Also see: Smucker, Motorola: New Targets, Estimates

NEW YORK ( TheStreet) -- CHANGE IN RATINGS

American International Group  ( AIG) was rated new buy at Bank of America/Merrill Lynch. $37 price target. Stock is trading at a discount to expected, year-end book value.

Black Hills  ( BKH) was upgraded to outperform from neutral at Credit Suisse. Attractive valuation with solid growth prospects. Price target trimmed by a dollar to $33.

Cracker Barrel  ( CBRL) was downgraded from outperform to market perform at Morgan Keegan. Company is seeing slower sales and could be hurt by rising commodity costs.

CME Group  ( CME) was upgraded from neutral to buy at UBS. $318 price target. Company has cyclical and secular growth potential.

Geenrac  ( GNRC) was rated new outperform at Oppenheimer. $23 price target. Company can deliver strong organic growth and generate steady cash flow.

Micron   ( MU) was upgraded from market perform to outperform at Wells Fargo. Estimates also boosted, given higher memory contract prices.

Noble   ( NE) was upgraded from market perform to outperform at Morgan Keegan. $48 price target. Stock has pulled back, even though the company is seeing better contract awards.

Under Armour   ( UA) was upgraded from hold to buy at Stifel Nicolaus. $80 price target. New products should help drive growth.

MEMC Electronic  ( WFR) was downgraded from buy to hold at Stifel Nicolaus. Solar wafer business is rapidly deteriorating.

Zale  ( ZLC) was downgraded to neutral from buy at Bank of America/Merrill Lynch. Limited upside after recent rally. Price target raised to $6.75.

End of report.
This article was written by a staff member of TheStreet.

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