Editor's Note: Green and red arrows refer to intraday stock price movement.NEW YORK ( TheStreet) -- CHANGE IN RATINGS Alcoa ( AA) downgraded at Citigroup from Buy to Hold, Citigroup said. $17 price target. Estimates also cut ahead of earnings, because of a weaker dollar and higher input costs. Apple ( AAPL) rated new Outperform at Wedbush. $405 price target. Company should be able to keep gaining market share. Acorda Therapeutics ( ACOR)upgraded at Leerink to Outperform. Ampyra prescriptions should begin to ramp up soon. Autodesk ( ADSK) upgraded at Goldman from Neutral to Buy. Company is leveraged to late-cycle growth and could see margin expansion. $50 price target. Abercrombie & Fitch ( ANF) rated new Neutral at Wedbush. $60 price target. Stock is already pricing in a rebound in sales and comps. Atheros ( ATHR) downgraded at Piper to Neutral. QCOM purchase makes sense for both parties. $45 price target. Avon ( AVP) downgraded at UBS from Buy to Neutral. $32 price target. Company is seeing lower returns, despite deep cost-cutting. Boeing ( BA) downgraded at Argus from Buy to Hold. 787 delays and defense spending cuts are not yet priced into the stock. Franklin Resources ( BEN) downgraded at FBR from Market Perform to Underperform. $125 price target. Investors are moving away from fixed-income funds. Barnes & Noble ( BKS) upgraded at Credit Suisse to Neutral from Underperform as competitor struggles may limit downside near term, Credit Suisse said. Price target boosted to $16 from $10. Brookfield Properties ( BPO) initiated at Barclays with an Equal Weight rating and $18 price target. The global pure-play office company will continue its strong external growth potential, Barclays said. Boyd Gaming ( BYD) upgraded at Barclays to Overweight from Equal Weight as Las Vegas market is poised for recovery in 2011 and Borgata is performing better than expected, Barclays said. Price target raised to $13 from $7. Colgate-Palmolive ( CL) downgraded at UBS from Buy to Neutral, UBS said. Valuation call, based on an $84 price target. Clorox ( CLX) estimates, target lowered at UBS. CLX estimates were cut through 2012, UBS said. Company cut its guidance, but should buy back more stock in the new year. Buy rating and new $72 price target.
Clorox ( CLX) downgraded at Deutsche from Buy to Hold. $65 price target. Company no longer appear inexpensive on an earnings basis. Concho Resources ( CXO) rated new Sell at Citigroup. Valuation call, based on an $81 price target. Danaher ( DHR) initiated at Oppenheimer. Initiated with an Outperform rating and $56 price target. Introduces 2011 EPS estimates of $2.70. Estee Lauder ( EL)upgraded at UBS from Neutral to Buy, UBS said. $100 price target. Company can deliver solid, double-digit annual organic earnings growth. Entergy ( ETR) downgraded at Wells from Outperform to Market Perform, Wells Fargo said. Valuation call. Exelon ( EXC) upgraded at Wells from Underperform to Market Perform, Wells Fargo said. Relative valuation call. General Growth Properties ( GGP) initiated at Barclays with an Equal Weight rating and $16 price target. Following chapter 11, the company emerged after a 19-month restructuring process with an improved balance sheet and focus on internal growth, Barclays said. General Mills ( GIS) upgraded at Goldman to Neutral. $41 price target. Company can deliver above-average organic sales growth in 2011. Huntington Bancshares ( HBAN) downgraded at Jefferies from Buy to Hold, Jefferies said. $8 price target. Valuation call, as the stock is now valued at 1.6x tangible book value. Coca-Cola ( KO) rated new Equal-weight at Morgan Stanley. Stock is up 31% since July and already pricing in solid near-term results. Legg Mason ( LM) downgraded at FBR from Market Perform to Underperform, FBR Capital Markets said. $35 price target. Investors appear to be moving out of fixed-income funds. Masco ( MAS) initiated at Oppenheimer. Initiated with a Perform rating and $14 price target. Introduces 2011 EPS estimates of $0.50. Noble Energy ( NBL) downgraded at Credit Suisse to Neutral from Outperform on valuation, Credit Suisse said. Price target cut by a dollar to $87. NCR ( NCR) upgraded at Wedbush to Neutral from Outperform, Wedbush said. $18.50 price target. Core ATM and retail businesses should return to growth in 2011. Nvidia Corp ( NVDA) upgraded at Barclays to Overweight from Equal Weight on improved outlook for Tegra, Barclays said. Price target raised to $20 from $15.
Pepsico ( PEP) rated new Overweight at Morgan Stanley. $83 price target. Stock has materially underperformed KO over the past few quarters, but the company remains positioned well for the long term. Public Storage ( PSA) initiated at Barclays with an Overweight rating and $114 price target. The self-storage company has a dominant market position and additional growth profile, Barclays said. Pioneer Natural Resources ( PXD) upgraded at Credit Suisse to Outperform from Neutral given industry leading cash flow growth, giant domestic oil presence and attractive valuation. Price target raised to $107 from $97. Qwest ( Q) downgraded at Argus from Buy to Sell, Argus Research said. Valuation call. Universal American ( UAM) downgraded at Wedbush from Outperform to Neutral, Wedbush said. Company could deliver disappointing 2011 guidance. URS ( URS) initiated at Oppenheimer with a Perform rating and $48 price target. Introduces 2011 EPS estimates of $3.70. Zions Bancorp ( ZION) downgraded at Jefferies from Buy to Hold, Jefferies said. Valuation call, based on a $26 price target.