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



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Adobe Systems

(ADBE) - Get Adobe Inc. Report

downgraded at Piper from Overweight to Neutral, Piper Jaffray said. Stock is already pricing in mid-teens earnings growth. $36 price target.

Armstrong World Industries

(AWI) - Get Armstrong World Industries, Inc. Report

initiated at BB&T with a Hold rating. Well positioned when the cycle turns, BB&T said.

Bank of Hawaii

(BOH) - Get Bank of Hawaii Corporation Report

downgraded at Robert W. Baird to Neutral from Outperform on near-term top line revenue pressures, Baird said. Price target lowered to $50.


(CPRT) - Get Copart, Inc. Report

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was downgraded at Robert Baird from Outperform to Neutral. $42 price target. Market still needs to absorb 8 million shares from the recent tender offer, Baird said.


(KSS) - Get Kohl's Corporation Report

was upgraded from Hold to Buy at Stifel Nicolaus said. Valuation call, based on a $62 price target.

Norfolk Southern

(NSC) - Get Norfolk Southern Corporation Report

was downgraded at UBS from Buy to Neutral. $68 price target. Estimates also cut, as the company could face margin pressure in the coming quarters.


(PDCO) - Get Patterson Companies Incorporated Report

was upgraded at UBS from Neutral to Buy. $37 price target. Estimates also boosted, as a recent survey shows that dental trends are improving, UBS said.



was upgraded at Wedbush Securities from Underperform to Neutral. $18 price target. Valuation call, even though the company recently cut guidance, Wedbush said.

Exco Resources


was downgraded at RBC Capital from Outperform to Sector Perform. Company announced lower production rates, RBC noted.

This article was written by a staff member of TheStreet.