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

NEW YORK (

TheStreet

) --

CHANGE IN RATINGS

Abbott Laboratories

(ABT) - Get Abbott Laboratories Report

downgraded at RBC from Top Pick to Outperform, RBC Capital said. Estimates also cut, following new healthcare reform rules. $60 price target.

Arch Coal

(ACI) - Get Albertsons Companies, Inc. Class A Report

downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Valuation call.

Ansys

(ANSS) - Get ANSYS, Inc. Report

downgraded at Oppenheimer to Perform, Oppenheimer said. Valuation call, based on a $51 price target.

Baxter International

(BAX) - Get Baxter International Inc. Report

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upgraded at RBC from Outperform to Top Pick, RBC Capital said. $57 price target. Company is cutting costs and has potential operating leverage in the new year.

Baxter International

(BAX) - Get Baxter International Inc. Report

initiated at Barclays with an Equal Weight rating and $56 price target. Pricing and competition will impede top-line growth and profitability in 2011 & 2012, Barclays said.

BHP Billiton

(BHP) - Get BHP Group Ltd. Report

downgraded at RBC from Outperform to Sector Perform, RBC Capital said. Valuation call.

Centene

(CNC) - Get Centene Corporation Report

downgraded at Goldman from Buy to Neutral, Goldman Sachs said. Company could be hurt by lower state Medicaid reimbursement.

Cinemark

(CNK) - Get Cinemark Holdings, Inc. Report

upgraded at Morgan Stanley to Equal-weight, Morgan Stanley said. Company continues to grow in Latin America. $20 price target.

Convergys

(CVG)

upgraded at Baird from Neutral to Outperform, Robert Baird said. $17 price target. Industry trends are beginning to improve.

Dangdang

(DANG)

rated new Neutral at Jefferies. $30 price target. Company is a market leader in the Chinese retail market, which can grow nearly 50% annually.

EMC

(EMC)

upgraded at BMO from Market Perform to Outperform, BMO Capital said. $30 price target. Company is gaining market share.

First Republic

(FRC) - Get First Republic Bank Report

rated new Hold at Jefferies. $31 price target. Company can generate double-digit organic earnings growth.

GenOn Energy

(GEN) - Get Genesis Healthcare Inc Class A Report

upgraded at Citigroup from Hold to Buy, Citigroup said. $5.25 price target. Potential negative regulatory headlines from NJ have passed.

Hospira

(HSP)

initiated at Barclays with an Overweight rating and $66 price target. Multiple drug and device opportunities should provide upside to estimates and support long-term EPS growth, Barclays said.

Humana

(HUM) - Get Humana Inc. Report

downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Company will likely be hurt by Medicare Advantage cuts.

Janus Capital

(JNS)

downgraded at Citigroup from Hold to Sell, Citigroup said. Valuation call, based on a $12 price target.

SemiLEDS

(LEDS) - Get SemiLEDs Corporation Report

initiated at Barclays with an Equal Weight rating and $20 price target. LEDS is an emerging high brightness LED supplier offering quality and cost leadership, Barclays said. 2011 and 2012 EPS estimates set at $0.70 and $0.91, respectively.

McDonald's

(MCD) - Get McDonald's Corporation Report

upgraded at RBC from Sector Perform to Outperform, RBC Capital said. Valuation call, as the company is a good inflation play. $85 price target.

Mohawk Industries

(MHK) - Get Mohawk Industries, Inc. Report

downgraded at Stifel from Buy to Hold, Stifel Nicolaus said. Valuation call, as the company lacks near-term catalysts.

Molex

(MOLX)

upgraded at JP Morgan from Underweight to Overweight, JP Morgan said. Company has exposure to mobile devices and networking.

Nvidia

(NVDA) - Get NVIDIA Corporation Report

downgraded at BMO from Outperform to Market Perform, BMO Capital said. Valuation call, based on a $22 price target.

Patriot Coal

( PCX) upgraded at Goldman from Sell to Neutral, Goldman Sachs said. Company has leverage to higher met coal prices.

Symantec

(SYMC) - Get Symantec Corporation Report

upgraded at Deutsche from Hold to Buy, Deutsche Bank said. $22 price target. Company can generate better sales growth in the new year.

Sysco

(SYY) - Get Sysco Corporation Report

downgraded at BB&T from Buy to Hold, BB&T Capital said. Company is facing flat near-term earnings growth.

Ultimate Software

(ULTI)

downgraded at Morgan Keegan from Outperform to Market Perform, Morgan Keegan said. $55 price target. Stock is already pricing in potential takeover speculation.

Virgin Media

(VMED)

downgraded at Deutsche from Buy to Hold, Deutsche Bank said. Valuation call, as the stock gained more than 60% in 2010.

Yahoo!

(YHOO)

downgraded at Morgan Stanley from Overweight to Equal-weight, Morgan Stanley said. Estimates also cut, as fundamentals are deteriorating. $19 price target.

Youku.com

(YOKU)

rated new Neutral at Piper Jaffray. Valuation call, based on a $40 price target.

This article was written by a staff member of TheStreet.