CFL was downgraded to Equal-weight, Morgan Stanley said. Valuation call, based on a $37 price target.

D was downgraded from Hold to Sell, Citigroup said. Valuation call. Estimates also cut, to reflect forward commodity pricing. $32 price target.

ITT was downgraded from Outperform to Market Perform, Friedman, Billings Ramsey said. Company trades at a discount to its peers, but could see a falloff in 2010 defense orders.

PFG was downgraded to Equal-weight, Morgan Stanley said. Valuation call.

AA estimates cut through 2010, Goldman Sachs said. Company will lower production, following an EC ruling. Neutral rating and $17 price target.

ADCT price target lowered to $6.50 from $8, Barclays said. 2010 EPS estimate slashed from $0.50 to $0.25. Equal Weight rating.

Barclays cut DKS 2010 and 2011 EPS estimates to $1.09 and $1.23, respectively. Reiterate Overweight rating and $25 price target.

Shares of DRI now seen reaching $34, according to UBS. Estimates also lowered, to reflect a softer sales outlook. Neutral rating.