Retail Winners & Losers: Market Movers

New York (TheStreet) -- While the retail sector overall is seeing little movement today -- with the S&P Retail Index nearly flat -- within the sector there are significant winners and losers to be found.

One of the biggest movers is women's retailer Talbots(TLB Quote), which spiked 12% to $7.78, after being upgraded to buy by Citi. Analyst Kimberly Greenberger said its sales could turn positive within the next six months.

On Wednesday, Talbots posted better-than-expected second-quarter earnings, but still recorded a loss of $24.5 million, or 45 cents a share.

Zale(ZLC Quote)also soared, rising 13% to $6.68, a day after it once again delayed releasing its fourth-quarter earnings results.

The jeweler is in the process of reviewing accounting for prepaid advertising costs that surfaced during its year-end closing process.

The company previously delayed its report by a week, but on Wednesday said it would announce the date of its earnings call and provide additional details once the review is complete.

Rival Tiffany & Co.(TIF Quote) was upgraded on Thursday to outperform from neutral by Credit Suisse, resulting in its shares climbing by 2.5% to $38.26.

Analyst Paul Lejuez said lower prices for platinum and silver will boost margins in fiscal 2010.

Electronic retailer RadioShack(RSH Quote) also received an upgrade to overweight by Morgan Stanley for the first time in six years, sending shares of the company up 7% to $17.19 in afternoon trading.

Analyst Gregory Malich said the company's turnaround efforts should begin to pay off.