NEW YORK (TheStreet) -- RATINGS CHANGES
Abercrombie & Fitch (ANF) was upgraded at Jefferies to buy from hold. Cheap valuation with operating margin expansion potential, Jefferies said. Twelve-month price target is $50.
Cavium (CAVM) was upgraded at Nomura to neutral. Twelve-month price target is $40. Liquid IO continues to drive traction, Nomura said.
Clean Harbors (CLH) was downgraded at Robert Baird to neutral. Valuation call, based on a 12-month price target of $59, Robert Baird said.Citrix (CTXS) was upgraded at Berenberg to buy from sell. Twelve-month price target is $70. Company is still in transition and is attractively valued on a sum-of-the-parts valuation, Berenberg said. CNO Financial (CNO) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a 12-month price target of $19.50, Goldman Sachs said. (COH) was downgraded at Morgan Stanley to underweight from equal-weight. Twelve-month price target is $36. Trends are worsening, Morgan Stanley said. Emulex (ELX) was downgraded at Piper Jaffray to neutral from overweight. Twelve-month price target is $6. Company lacks visibility and potential catalysts, Piper Jaffray said. Exelon (EXC) was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $38. Company is a core play on a long-awaited market recovery, Deutsche Bank said. (FBHS) was upgraded at Robert Baird to outperform from neutral. Stock has lagged and weather issues should abate, Baird said.
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