CHANGE IN RATINGS
downgraded at Goldman to Neutral. Valuation call, based on a $13 price target. Inventory is also at historically high levels.
Abercrombie & Fitch
downgraded at Susquehanna. Rating lowered to Neutral from Positive. Lowers 2009 EPS estimates of -$0.10 from $0.04. Eliminates $36 price target.
upgraded at UBS from Neutral to Buy. $15 price target. Estimates also boosted, to reflect improved fashion and value pricing at Loft.
downgraded at Credit Suisse. Rating lowered to Neutral from Outperform. Maintains $32 price target. Maintains 2009 EPS estimates of $3.88.
upgraded at KeyBanc. Rating raised to Buy from Hold. Introduces $38 price target. Maintains 2009 EPS estimates of $1.74.
downgraded at Jesup & Lamont. Rating lowered to Sell from Hold. Establishes $4 price target. Maintains 2009 EPS estimates of $0.10.
downgraded at UBS. Rating lowered to Neutral from Buy. Price target raised to $21 from $20. Maintains 2009 EPS estimates of $0.82.
upgraded at Kaufman Brothers. Rating raised to Buy from Hold. Price target raised to $53 from $48. Maintains 2009 EPS estimates of $1.85.
upgraded at BMO. Rating raised to Outperform from Market Perform. Raises target price to $27.50 from $20.00. Raises fiscal 2010 EPS estimates to $1.29 from $1.15.
numbers raised at Goldman through 2011. Company is seeing a higher gross margin and also cutting costs. Buy rating and new $53 price target.
upgraded at Piper Jaffray. Rating raised to Overweight from Neutral. Price target raised to $52 from $45. Fiscal 2010 EPS estimates raised to $3.01 from $2.90.
initiated at Wells Fargo. Initiated with a Market Perform rating and valuation range of $3.50-$5.50. Maintains 2009 EPS estimates of $0.09.
STOCK COMMENTS / EPS CHANGES
estimates raised at Barclays through 2010. Core industrial sales should gradually improve. Overweight rating and $26 price target.
numbers raised at Morgan Stanley. Price target raised to $31 from $26. 2009 EPS estimates raised to $0.87 from $0.82. Maintains Overweight rating.
numbers increased at UBS to $12. Estimates also raised, to reflect a rebound in advertising spending. Buy rating.
added to Conviction Buy List at Goldman. New analyst also has a $90 price target. Copper prices should separate from the other base metals.
target raised, estimates cut at Goldman. Shares now seen reaching $27. On the other hand, estimates were lowered, to reflect weak industry sales trends. Neutral rating.
estimates through 2011, target boosted at Barclays. Company is realizing higher margins. Overweight rating and new $29 price target.
cut from Conviction Buy List at Goldman. $75 price target. FCX offers better upside potential at current levels.
numbers raised at Morgan Stanley. Price target raised to $57 from $40. 2009 EPS estimates raised to $3.83 from $3.65. Maintains Overweight rating.
estimates boosted at Barclays through 2010. See higher spending on servers and more stable printing supplies demand. Overweight rating and $50 price target.
estimates cut at Morgan Stanley through 2015. Company facing increased generic competition and suffered a failure in its pipeline. Underweight rating and $34 price target.
target cut at FBR. Shares now seen reaching $22. Company is struggling, relative to HD. Market Perform rating.
numbers increased at Goldman. Shares now seen reaching $26. Estimates also boosted, to reflect margin gains. Neutral rating.
estimates through 2011, target boosted at Goldman. Company is cutting costs. Neutral rating and new $5.50 price target.
estimates cut through 2011, target raised at Goldman. Company seeing lower generation profits. Neutral rating and new $54 price target.
This article was written by a staff member of TheStreet.com.