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Retail Winners: Zale, CVS, Dick's, Sears

Retail stocks are climbing after two bellwether stocks are upgraded.



) -- Retailers are gaining on Monday, along with the rest of the markets, after two bellwether stocks --


(AA) - Get Report



(INTC) - Get Report

-- were upgraded by analysts.


S&P Retail Index

is climbing 1.6% to 413.68, led up by big movers like




Dick's Sporting Goods

(DKS) - Get Report


CVS Caremark

(CVS) - Get Report


Dick's is rising 6.1% to $25.12 after it was upgraded by Wedbush to outperform from neutral. Analyst Camilo Lyon said the sporting-goods retailer will most likely surpass its conservative fourth-quarter outlook as traffic improves.

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Wedbush also upped its price target on the stock to $29 from $24.

Zale is topping the New York Stock Exchange's list of biggest advancers as its stock soars 19.7% to $2.49 in morning trading. Last week, the jeweler took a hit after reporting

disappointing November same-store sales


CVS is growing 4.3% to $32.52, after announcing the

appointment of Per Lofberg as the new president of its pharmacy benefits management business

. The drugstore also said it is raising its stake in Generation Health, the genetic benefit management company Lofberg co-founded.

Other notable gainers include



, which is increasing 3.3% to $78.80,

Stein Mart

(SMRT) - Get Report

, which is jumping 5.9% to $10.35 and


(AMZN) - Get Report

, which is advancing 3.2% to $132.64.

-- Reported by Jeanine Poggi in New York.

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