Ratings on (SPR) (SVNT) (WEST) (WRC) (OMPI) Downgraded

Ratings on AeroSystems Holdings, Inc. (NYSE: SPR), Savient Pharmaceuticals, Inc. (NASDAQ: SVNT), Westinghouse Solar (NASDAQ: WEST), The Warnaco Group, Inc. (NYSE: WRC) and Obagi Medical Products, Inc. (NASDAQ: OMPI) downgraded by analysts today.

Bank of America (NYSE:BAC) downgraded Spirit AeroSystems Holdings, Inc. (SPR) from a “buy” rating to a “neutral” rating. They have a price target of $26.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) downgraded Savient Pharmaceuticals, Inc. (SVNT) from an “overweight” rating to a “neutral” rating.

Ardour Capital downgraded Westinghouse Solar (WEST) from a “buy” rating to a “hold” rating. They have a price target of $2.00 on the company, down from $3.00.

Piper Jaffray downgraded The Warnaco Group, Inc. (WRC) from an “overweight” rating to a “neutral” rating. They have a price target of $61.00 on the company.

Robert W. Baird downgraded Obagi Medical Products, Inc. (OMPI) from an “outperform” rating to a “neutral” rating. They have a price target of $9.00 on the company, down from $15.00.

Ratings on (ONB) (SPR) (TDC) (VIA-B) Upgraded by Analysts

Ratings on Old National Bancorp (NYSE: ONB), Spirit AeroSystems Holdings, Inc. (NYSE: SPR), Teradata Co. (NYSE: TDC) and Viacom, Inc. (NASDAQ: VIA.B) were upgraded today by analysts.

Sterne Agee upgraded Old National Bancorp (ONB) from a “neutral” rating to a “buy” rating. They have a price target of $12.50 on the company.

Wedbush upgraded Spirit AeroSystems Holdings, Inc. (SPR) from a “neutral” rating to an “outperform” rating. They have a price target $30.00 on the company.

William Blair upgraded Teradata Co. (TDC) to an “outperform” rating.

Bank of America (NYSE:BAC) upgraded Viacom, Inc. (VIA-B) from a “neutral” rating to a “buy” rating. They have a price target of $62.00 on the company.

Spirit AeroSystems (NYSE:SPR) Has More Upside Than Downside in 2011 Says FBR

After lagging the group in 2010, FBR says Spirit AeroSystems (NYSE:SPR) should generate more upside than downside in 2011.

FBR says, "For most of the past year, Spirit Aerosystems has been trading at a discount to the group but as we head into 2011 we think that there is considerably more upside then downside from current levels. Currently, SPR is trading at a roughly 20% discount to the group which we think overly discounts the operational risks associated with SPR’s development programs, which we think has been the Street’s primary concern. We like the company’s position ahead of upcoming aircraft production rates increases, however, as well as the initial ramp in B787 production."

FBR Capital maintains an "Outperform" rating on Spirit AeroSystems (SPR), which closed Tuesday at $23.93, gaining $0.24, or 1.01 percent. FBR raised their price target on AeroSystems from $26 to $30.