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

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Bemis

(BMS)

was initiated with a Neutral rating at Goldman Sachs. $35 price target.

Ball

(BLL)

and

Crown Holdings

(CCK)

offer better upside potential, Goldman said.

Campbell Soup

(CPB)

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was downgraded at Barclays to Equal Weight from Overweight following disappointing earnings. Price target cut to $33 from $38.

Hormel Foods

(HRL)

was downgraded from Hold to Sell at Soleil Securities. Valuation call, based on a $43 price target.

Lennox

(LII)

was initiated with a Market Perform rating at Wells Fargo. Uneven residential demand will weigh on a recovery in HVAC demand, Wells Fargo said.

M&T Bank

(MTB)

was initiated with a Market Perform rating at BMO Capital. $85 price target. Stock already trades at a premium to its peers, BMO Capital said.

Rovi

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was downgraded from Overweight to Neutral at JP Morgan. Valuation call, as the stock is up 70% year-to-date, JP Morgan said.

Spectra Energy

(SEP)

was upgraded at UBS from Sell to Neutral. Valuation call, based on a $34 price target, UBS said.

Synopsys

(SNPS)

was upgraded at JP Morgan from Neutral to Overweight. Higher bookings should drive better cash flow growth in 2011, JP Morgan said.

Watsco

(WSO)

was downgraded to Equal-weight at Morgan Stanley. $63 price target. Stock is already pricing in better Carrier results.

This article was written by a staff member of TheStreet.