Analysts' Actions: KSS, STJ, TIF
NEW YORK (
) --
CHANGE IN RATINGS
Brown-Forman
(BFB)
was downgraded from Neutral to Sell at Goldman Sachs. Valuation call, based on a $65 price target.
Kohl's
(KSS) - Get Report
was downgraded from Buy to Hold at Deutsche Bank. $45 price target. Company has seen sales drop sharply.
St. Jude
(STJ)
was upgraded from Neutral to Buy at Mizuho with a $40 price target. Stock is already factoring in a Durata recall and the company will likely buy back more shares.
Tiffany
(TIF) - Get Report
was downgraded from Buy to Neutral at Bank of America/Merrill Lynch with a $63 price target. Gross margin will likely remain soft.
Ulta Salon
(ULTA) - Get Report
was upgraded from Market Perform to Outperform at Wells Fargo. Expect higher square footage growth in the coming quarters.
STOCK COMMENTS / EPS CHANGES
F5 Networks
(FFIV) - Get Report
numbers raised at Pacific Crest. Shares of FFIV now seen reaching $117, according to Pacific Crest. Estimates also increased, a new appliances should drive reaccelerated growth. Outperform rating.
Regal Entertainment
(RGC)
numbers boosted at Credit Suisse. Shares of RGC now seen reaching $37, according to Credit Suisse. Estimates also upped, as a recent acquisition should add to earnings. Neutral rating.
This article was written by a staff member of TheStreet.