NEW YORK ( TheStreet) -- CHANGE IN RATINGSBarrick Gold ( ABX) was downgraded at J.P. Morgan to neutral from overweight. Uncertainty persists around the Pascua Lama project, J.P. Morgan said. Arch Coal ( ACI) was downgraded at Citigroup to neutral from buy. $6 price target. Company is leveraged to lower met coal demand, Citi said. Alpha Natural ( ANR) was downgraded at Citigroup to neutral from buy. $9 price target. Estimates also cut, given a lower coal outlook, Citi said. Ball ( BLL) was downgraded at Bank of America/Merrill Lynch to neutral from buy. Valuation call, based on a $49 price target, BofA/Merrill said. Chipotle Mexican Grill ( CMG) was upgraded at Wedbush to outperform from neutral. $400 price target. Company can exceed near-term expectations, Wedbush said.
Chipotle was upgraded at UBS to buy from neutral. $390 price target. Estimates also boosted as profit growth should accelerate, UBS said. Freeport-McMoran ( FCX) was downgraded at Citigroup to sell. $25 price target. Company will be hurt by lower copper prices, Citi said. Google ( GOOG) was initiated with a buy rating at Topeka. $950 price target. Underappreciated next leg of long-term growth -- voice search, Topeka said. WR Grace ( GRA) was initiated with an outperform rating at Credit Suisse. $91 price target. Portfolio is strong, and the company can continue to generate free cash flow, Credit Suisse said.
Kansas City Southern ( KSU) was downgraded to neutral from buy at Bank of America/Merrill Lynch. $113 price target. Valuation call, BofA/Merrill said. Opentable ( OPEN) was downgraded at J.P. Morgan to neutral from overweight. Company is seeing better conversions and improved trends in the U.K., J.P. Morgan said. Patterson Dental ( PDCO) was upgraded at ISI Group to cautious from sell. Valuation call, based on a $35 price target, ISI said. Restoration Hardware ( RH) was initiated with an outperform rating at Wells Fargo. New strategy can unlock value, and the stock can move up toward $40 to $42, Wells Fargo. Sherwin-Williams ( SHW) was upgraded at Nomura to buy. $200 price target. Company has earnings power of $15 a share, Nomura said.