NEW YORK (TheStreet) -- RATINGS CHANGES
Abercrombie & Fitch (ANF) - Get Abercrombie & Fitch Co. Class A Report was upgraded at Barclays to equal-weight from underweight. Twelve-month price target is $40. Valuation call, as the stock has underperformed the market by 48% since April, Barclays said.
Cullen/Frost Bankers (CFR) - Get Cullen/Frost Bankers, Inc. Report was upgraded at Barclays to equal-weight. Twelve-month price target is $84. Company has high-quality deposits and a strong liquidity position, Barclays said.
Watch the video below for more of Friday's analysts' actions:
Cliffs Natural Resources (CLF) - Get Cleveland-Cliffs Inc Report was downgraded at Nomura to Reduce. Twelve-month price target is $5. Iron ore prices will likely remain weak through 2017, Nomura said.
Newmont Mining (NEM) - Get Newmont Corporation Report was upgraded at RBC Capital to sector perform from underperform. Twelve-month price target is $30. Batu Hijau restart should offset any decline in gold prices, RBC Capital said.
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This article was written by a staff member of TheStreet.