Avon Products rated new Outperform at CSFB: CSFB said it is initiating coverage on AVP with an Outperform rating. Believes stock deserves higher premium to the market. Sets $35 target price. Best Buy upgraded at Prudential: Prudential said it is upgrading BBY to an Overweight rating on valuation and thesis that big screen tv sales remain robust. CBL & Associates coverage initiated at UBS: UBS initiated coverage on CBL with a Buy rating and a $44 price target. Cognex downgraded at Baird: Baird said it is downgrading CGNX to Neutral from Outperform based on slowing order outlook and decelerating Factory Automation sales. Price target lowered to $28 from 35$ and 2007 estimates lowered $0.24 to $0.90. CONSOL Energy downgraded at AG Edwards: AG Edwards downgraded CNX to Hold from Buy citing weakening near-term industry fundamentals. Developers Realty coverage initiated at UBS: UBS initiated coverage on DDR with a Buy rating and $61 price target noting that it is undervalued in relation to its growth profile. Digitas downgraded at Piper: Piper said it is downgrading DTAS to a Market Perform rating due to client losses and lower client spending concerns. Estee Lauder rated new Neutral at CSFB: CSFB said it is initiating coverage on EL with a Neutral rating. Believes stock is well positioned for opportunities but shares trade at a premium. Sets $40 target price. EMCOR Group upgraded at FBR: FRB upgraded EME to Outperform from Market Perform stating the sell-off in share price has been overdone. Raised 2006 estimates to $2.08 from $1.90 and 2007 estimates to $2.50 from $2.35. Maintained $53 price target. Freeport McMoRan upgraded at Prudential: Prudential upgraded FCX to Neutral from Underweight and raised its price target to $60 from $50. This is due to flawless corporate governance and progress in the copper market. J.B. Hunt downgraded at AG Edwards: AG Edwards downgraded JBHT to Sell from Neutral noting bearish outlook for industry demand. 2006 estimates lowered $0.07 to $1.37 and 2007 estimates lowered $0.18 to $1.45.