NEW YORK ( TheStreet) -- CHANGE IN RATINGS, EPS Acuity Brands ( AYI) rated new Underperform at Sterne Agee. $26 price target. As company continues to invest in itself, margins will likely come under pressure. Arch Coal ( ACI) numbers lowered at Credit Suisse through 2013. Company reduced its guidance. Neutral rating and new $18 price target. Arch Coal estimates cut at UBS. ACI estimates lowered through 2011. Company announced negative guidance revision. Maintain $40 price target and Buy rating. Bank of America ( BAC) target cut at Credit Suisse to $13. Estimates also reduced, given lower investment banking and trading expectations. Outperform rating. Citigroup ( C) estimates, target lowered at Credit Suisse/ Shares of C now seen reaching $50. Estimates also cut, given lower expected sales. Neutral rating. Coach ( COH) price target raised at Jefferies to $70. Powerful brand with a compelling global growth story. Maintain Buy rating. EOG Resources ( EOG) rated new Buy at Brean Murray. $130 price target. High margin liquids production growth will validate its capex program. FedEx ( FDX) was downgraded to hold by TheStreet Ratings. Goldman Sachs ( GS) numbers reduced at Credit Suisse. GS estimates were cut through 2013. Client activity and asset prices remain weak. Outperform rating and new $145 price target. HomeAway ( AWAY) rated new Hold at Citigroup. $38 price target. Strong business model, but already reflected in valuation. Ingersoll-Rand ( IR) upgraded at Citigroup from Sell to Hold. $29 price target. Sharp 12% selloff on negative preannouncement limits near term downside. Ingersoll-Rand numbers reduced at Goldman. Shares of IR now seen reaching $36. Estimates also cut, as construction markets remain weak. Neutral rating. Midas ( MDS) was upgraded to hold by TheStreet Ratings. Morgan Stanley ( MS) numbers cut at Credit Suisse. Shares of MS now seen reaching $28. Estimates also reduced, given softness in the capital markets. Outperform rating. NetApp ( NTAP) upgraded at Citigroup from Hold to Buy. $45 price target. Valuation call along with strong storage demand checks. News Corp. ( NWSA) downgraded at Goldman from Buy to Neutral. Valuation call. New York Times ( NYT) downgraded to Sell by TheStreet Ratings. Priceline.com ( PCLN) upgraded at Morgan Stanley from Equal-weight to Overweight. $650 price target. Fears of increased European competition have been overblown. Realty Income Corp ( O) estimates lowered at UBS. O estimates lowered through 2012 to reflect recent capital activity and potential lease rejections. Maintain $33 price target and neutral rating.
Salix Pharmaceuticals ( SLXP) rated new Buy at BofA Merrill. $38 price target. Strong, sustainable growth in the GI tract. SL Green Realty ( SLG) upgraded at Jefferies from Hold to Buy. $75 price target. NYC Office Market Survey concluded that cap rates should remain low. State Street ( STT) downgraded at Jefferies from Buy to Hold. $38 price target. Expectation for negative estimate revisions to play catch up relative to peers. Time Warner ( TWX) upgraded at Goldman from Neutral to Buy. Company has least exposure to potential decline in advertising. Urban Outfitters ( URBN) target cut at Credit Suisse to $26. Company may struggle to maintain premium pricing. Viacom ( VIA.B) cut from Conviction Buy List at Goldman. Company could face near-term advertising weakness. W.W. Grainger ( GWW) downgraded at Citigroup from Hold to Sell. $138 price target. Unsustainably high relative P/E multiple to its Multi-Industry peers. Wells Fargo ( WFC) estimates cut at Credit Suisse through 2013. Company is realizing a lower net interest margin. Neutral rating.