Editor's Note: Green and red arrows refer to intraday stock price movement.
NEW YORK (
CHANGE IN RATINGS
downgraded at Citigroup from Hold to Sell, Citigroup said. $44 price target. Fundamentals are sliding and costs are rising.
( AMLN) upgraded at Piper from Neutral to Overweight, Piper Jaffray said. $20 price target. Company has reached an agreement with the FDA that reduces risk around the tQT trial.
Abercrombie & Fitch
downgraded at FBR from Outperform to Market Perform, FBR Capital Markets said. $57 price target. Teen space will likely see higher competition and all retailers are struggling with cotton costs.
upgraded at Citigroup from Hold to Buy, Citigroup said. $27 price target. Stock is down 20% year-to-date and LOFT sales appear to be stabilizing.
downgraded at Goldman from Neutral to Sell, Goldman Sachs said. Valuation call.
upgraded at FBR from Market Perform to Outperform, FBR Capital said. $14 price target. Valuation call.
downgraded at RBC from Outperform to Sector Perform, RBC Capital said. Valuation call.
downgraded at Goldman to Neutral from Buy, Goldman Sachs said. Earnings recovery is being pushed out by higher raw materials costs.
upgraded at RBC from Sector Perform to Outperform, RBC Capital Markets said. $37 price target.
upgraded at Citigroup to Buy, Citigroup said. $44 price target. Company appears more confident about its long-term growth potential.
upgraded at Goldman from Sell to Neutral, Goldman Sachs said. Company is showing much better operating leverage.
numbers lowered at Morgan Stanley. MUR estimates were cut through 2012, Morgan Stanley said. Company reduced its production guidance. Overweight rating and new $83 price target.
downgraded at BMO to Underperform, BMO Capital Markets said. $65 price target. Company lowered it production guidance.
upgraded at ThinkEquity from Hold to Buy. $220 price target. Company is seeing higher subscriber growth.
upgraded at Morgan Keegan from Underperform to Market Perform, Morgan Keegan said. Company had solid earnings and is addressing margin fears.
downgraded at JMP from Outperform to Market Perform, JMP Securities said. Valuation call.
upgraded at Morgan Keegan from Market Perform to Outperform, Morgan Keegan said. $61 price target. Company has a solid quarter and should continue to benefit from smartphone demand.
numbers raised at Goldman. Shares of ROK now seen reaching $96, according to Goldman Sachs. Estimates also increased, as the company is gaining market share. Neutral rating.
upgraded at Wells to Outperform, Wells Fargo said. Estimates also raised, as the company has further potential operating leverage.
downgraded at RBC from Outperform to Sector Perform, RBC Capital said. $17 price target. Fundamentals are not likely to bounce back soon.
downgraded at Kaufman from Buy to Hold, Kaufman Bros. said. Valuation call, based on a $38 price target.
upgraded at Jefferies to Buy from Hold, Jefferies said. $20 price target. Company is improving execution and demand is picking up along with the economy.
upgraded at Goldman from Neutral to Buy, Goldman Sachs said. Company can continue to grow margins and earnings in the new year.
This article was written by a staff member of TheStreet.