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

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Barrick Gold

(ABX)

upgraded at Stifel from Hold to Buy. $70 price target. Stock is attractively valued, following a 9% pullback.

Bank of New York

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

downgraded at Morgan Stanley to Equal-weight, Morgan Stanley said. Consensus estimates appear too high, as interest rates should remain low in the coming quarters.

ConocoPhillips

(COP) - Get ConocoPhillips Report

downgraded at Deutsche from Buy to Hold, Deutsche Bank said. $85 price target. Positive newsflow is fading.

Chevron

(CVX) - Get Chevron Corporation Report

rated new Buy at Jefferies. $125 price target. Company is a premier large-cap play that's leveraged to rising oil prices.

eBay

(EBAY) - Get eBay Inc. Report

upgraded at Stifel from Hold to Buy, Stifel Nicolaus said. $42 price targt. Marketplace growth is accelerating.

eBay estimates were boosted through 2012 at UBS. Company is seeing better Marketplace growth. Buy rating and target upped to $40 price target.

Guess?

(GES) - Get Guess?, Inc. Report

upgraded at Citi to Buy from Hold. North American inventory leaner, new merchandising initiatives planned, Citigroup said. Price target increased to $50 from $46.

Corning

(GLW) - Get Corning Inc Report

estimates, target raised at Goldman. Shares of GLW now seen reaching $25, according to Goldman Sachs. Estimates also increased, to match the company's new guidance. Neutral rating.

Hess

(HES) - Get Hess Corporation (HES) Report

upgraded at Credit Suisse to Outperform from Neutral. Australia and Ghana are potential game changers, Credit Suisse said. Price target increased to $115 from $105.

Itron

(ITRI) - Get Itron, Inc. Report

downgraded at Wunderlich from Hold to Sell, Wunderlich Securities said. $44 price target. Sales growth appears to have peaked.

Live Nation

(LYV) - Get Live Nation Entertainment, Inc. (LYV) Report

upgraded at Stifel from Hold to Buy, Stifel Nicolaus said. $13 price target. Company appears to be at an inflection point.

Meredith

(MDP) - Get Meredith Corporation Report

downgraded at Benchmark from Buy to Hold, Benchmark Company said. $37 price target. National Media trend remain soft.

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Nordic American

(NAT) - Get Nordic American Tankers Limited Report

downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Industry dayrates could remain depressed into 2012.

National Oilwell Varco

(NOV) - Get National Oilwell Varco, Inc. (NOV) Report

upgraded at Citi to Buy from Hold on big order ramp, PS&S profit rebound, Citigroup said. Price target increased to $92 from $78.

Open Text

(OTEX) - Get Open Text Corporation Report

downgraded at Benchmark from Hold to Sell, Benchmark Company said. $56 price target. Company is investing more to boost sales growth.

Patterson-UTI

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

upgraded at Goldman from Sell to Neutral, Goldman Sachs said. $35 price target. Margins can continue to expand in the coming quarters.

Praxair

(PX)

downgraded at Piper from Overweight to Neutral, Piper Jaffray said. Valuation call, based on a $106 price target.

RPC

(RES) - Get RPC, Inc. Report

upgraded at Goldman from Sell to Neutral, Goldman Sachs said. $28 price target. Company remains leveraged to the current industry cycle.

Transocean

(RIG) - Get Transocean Ltd. Report

upgraded at Duncan-Williams from Reduce to Strong Buy, Duncan-Williams said. $93 price target. Valuation call, as the stock is trading near book value and at a discount to its peers.

Scana

(SCG)

upgraded at Benchmark from Hold to Buy, Benchmark Company said. Valuation call, based on a $44 price target.

Shutterfly

(SFLY) - Get Shutterfly, Inc. Report

upgraded at Morgan Stanley from Equal-weight to Overweight, Morgan Stanley said. $70 price target. Company should continue to gain market share.

Stericycle

(SRCL) - Get Stericycle, Inc. Report

downgraded at Baird from Outperform to Neutral, Robert Baird said. Valuation call, based on a $95 price target.

Urban Outfitters

(URBN) - Get Urban Outfitters, Inc. Report

downgraded at William Blair to Market Perform, William Blair said. Sales trends remain soft.

Watson Pharmaceuticals

(WPI)

downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Company lacks near-term catalysts.

Watson Pharmaceuticals numbers increased at Morgan Stanley. WPI estimates were raised through 2013, Morgan Stanley said. Company has improved margin visibility. Overweight rating and new $68 price target.

End of report.

This article was written by a staff member of TheStreet.