<< Read Full Article

Analysts' Upgrades, Downgrades: Fluor

Stock quotes in this article: ANF , CE , NFLX , HD , MDR , STT , FLR  

CHANGE IN RATINGS

Assurant (AIZ Quote) downgraded at Wachovia to Market Perform. Estimates also cut, as the company is facing multiple headwinds this year.

Abercrombie & Fitch (ANF Quote) upgraded to buy from hold and price target increased to $35 from $22 at Jefferies. Expecting continued near-term sales/margin pressure, earnings revision cycle has reached a trough. With Street estimates down big, sentiment already negative, compares easing in 2H09/'10, and a war chest of cash, risk/reward is favorable (Upside +40%/Downside ~10%).

Celanese (CE Quote) downgraded at Citigroup. Rating lowered to Hold from Buy. Maintains $24 price target. Maintains 2009 EPS estimates of $1.38.

...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,394.42 1,102.07 2,193.63 34.85
Oil *
71.46
UP
57.37
UP
6.13
UP
9.90
UP
0.62
10 Yr
3.48%
SPDR Gold
110.27
+0.56%
+0.56%
+0.45%
+1.81%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services