NEW YORK (

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CHANGE IN RATINGS

Automatic Data Processing

(ADP) - Get Automatic Data Processing, Inc. Report

downgraded at UBS to Neutral from Buy, UBS said. $59 price target. Full valuation, limited near term catalysts.

Albany Molecular Research

(AMRI)

upgraded to hold at TheStreet Ratings.

Approach Resources

(AREX) - Get Approach Resources Inc. Report

upgraded at JP Morgan from Neutral to Overweight, JP Morgan said. Company can grow faster than its peers and trades at a relative discount.

Anixter

(AXE) - Get Anixter International Inc. Report

downgraded at Credit Suisse from Neutral to Underperform, Credit Suisse said. $60 price target. Company is seeing lower datacom spending and industrial growth in Europe.

BNY Mellon

(BK) - Get Bank of New York Mellon Corporation Report

rated new Buy at Citigroup. $27 price target. Valuation and expect FX litigation to dissipate some of risk premium.

Cognex

(CGNX) - Get Cognex Corporation Report

downgraded at Piper from Neutral to Underweight, Piper Jaffray said. $27 price target. Growth could be hurt my macro headwinds.

DirecTV

(DTV)

upgraded at Hudson Square from Hold to Buy, Hudson Square said. $60 price target.

Fusion-IO

(FIO)

rated new Buy at Wunderlich. $38 price target. Company can continue to grow on its own or may eventually be acquired.

Genomic Health

(GHDX) - Get Genomic Health, Inc. Report

rated new Outperform at Credit Suisse. $43 price target. Company can continue to gain market share.

Impax Laboratories

(IPXL)

downgraded at ThinkEquity from Buy to Hold, ThinkEquity said. Valuation call, based on a $25 price target.

Marriot International

(MAR) - Get Marriott International, Inc. (MAR) Report

downgraded at KBW to Market Perform from Outperform, KBW said. $42 price target. Valuation and heightened economic concerns.

Martin Marietta

(MLM) - Get Martin Marietta Materials, Inc. (MLM) Report

downgraded at Keybanc from Buy to Hold, Keybanc said. Valuation call.

Myriad Genetics

(MYGN) - Get Myriad Genetics, Inc. Report

rated new Neutral at Credit Suisse. $28 price target. Near and long term concerns overshadow underlying organic growth.

Nokia

(NOK) - Get Nokia Oyj Sponsored ADR Report

downgraded at BMO from Market Perform to Underperform, BMO Capital said. $2 price target. Do not expect new phones to gain much traction.

Northern Trust

(NTRS) - Get Northern Trust Corporation Report

rated new Neutral at Citigroup. $50 price target. Struggle to see upside from current price.

Paychex

(PAYX) - Get Paychex, Inc. Report

downgraded at Citigroup to Sell from Neutral, Citigroup said. $30.50 price target. Modest growth can't support rich valuation.

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Paychex downgraded at UBS to Neutral from Buy, UBS said. $35 price target. Full valuation, challenging backdrop.

State Street

(STT) - Get State Street Corporation Report

rated new Buy at Citigroup. $54 price target. Valuation is compelling.

Safeway

(SWY)

upgraded at BMO. $25 price target. Just for U program appears to be working with customers.

Teradata

(TDC) - Get Teradata Corporation Report

rated new Market Perform at BMO. $86 price target. Stock is already pricing in solid growth for the remainder of the year.

Tivo

(TIVO) - Get TiVo Corp. Report

upgraded at Lazard from Neutral to Buy, Lazard said. Verizon deal makes a positive settlement with Motorola more likely $14 price target.

Time Warner Cable

(TWC)

upgraded at Hudson Square from Hold to Buy, Hudson Square said. $110 price target.

Vulcan Materials

(VMC) - Get Vulcan Materials Company Report

downgraded at Keybanc from Buy to Hold, Keybanc said. Estimates boosted, but the stock appears fully valued at current levels.

STOCK COMMENTS / EPS CHANGES

Citigroup

(C) - Get Citigroup Inc. Report

target lowered at Oppenheimer to $52, Oppenheimer said. Write down of MSSB. Outperform rating.

Discover Financial Services

(DFS) - Get Discover Financial Services Report

numbers raised at Citigroup. Shares of DFS now seen reaching $41, Citigroup said. Estimates also increased on better credit. Neutral rating.

Lennar

(LEN) - Get Lennar Corporation Class A Report

estimates, target increased at KBW. LEN estimates were raised through 2013, Keefe, Bruyette & Woods said. Company is realizing higher margins. Market Perform rating and new $31 price target.

LyondellBasell

(LYB) - Get LyondellBasell Industries NV (LYB) Report

numbers raised at Jefferies. Shares of LYB now seen reaching $61, Jefferies said. Estimates also raised on incremental improvements. Buy rating.

Old National

(ONB) - Get Old National Bancorp Report

target raised at Jefferies to $13, Jefferies said. Improved commercial loan growth. Hold rating.

Patterson-UTI

(PTEN) - Get Patterson-UTI Energy, Inc. Report

numbers raised at Guggenheim. Shares of PTEN now seen reaching $18, according to Guggenheim. Estimates also increased, as the company is cutting capital costs. Neutral rating.

Walgreen

(WAG)

added to Conviction Buy List at Goldman. Earnings growth should reaccelerate in the coming quarters. $43 price target.

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This article was written by a staff member of TheStreet.