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


El Paso Electric ( EE) was downgraded from Buy to Hold at Jefferies. $30 price target. Stock is already pricing in above-average earnings growth potential, Jefferies said.

Estee Lauder ( EL) was initiated with a Buy rating at Jefferies. $90 price target. Organic sales growth is accelerating, Jefferies said.

Heartware ( HTWR) was initiated with a Buy rating at UBS. $115 price target. Company can materially expand its market share over the next few years, UBS said.

Mednax ( MD) downgraded at Deutsche Bank from Buy to Hold. Valuation call, based on a $75 price target, Deutsche said.

Newell Rubbermaid ( NWL) was initiated with a hold rating at Jefferies. $20 price target. Company has a relatively slow growth profile, Jefferies said.

Skechers USA ( SKX) downgraded to Sell at Sterne Agee. $16 price target. Inventory continues to build, Sterne Agee said.

Strayer Education ( STRA) was initiated with a Neutral rating at Sterne Agee. Company faces fundamental and regulatory concerns, Sterne Agee said.

Starbucks ( SBUX) was initiated with a Neutral rating at Janney Montgomery. $34 price target. Rising coffee prices may hamper earnings growth, Janney Montgomery said.

Thoratec ( THOR) was upgraded at UBS from Neutral to Buy. $33 price target. Despite near-term market share losses, management can create value over time, UBS said.

TW Telecom ( TWTC) was upgraded at Citigroup to Buy from Hold. Sequential revenue growth should trough in the fourth quarter of 2010, Citigroup said. Maintain $21 price target.

Unisys ( UIS) was initiated with a Perform rating at Oppenheimer. $28 price target. Company could have mixed near-term sales.

Urban Outfitters ( URBN) was downgraded at Brean Murray from Buy to Hold. Valuation call. Increased competition could lead to further discounting, Brean Murray said.
This article was written by a staff member of TheStreet.