NEW YORK (TheStreet) -- RATINGS CHANGES
Abercrombie & Fitch (ANF) was upgraded at Jefferies to buy from hold. Cheap valuation with operating margin expansion potential, Jefferies said. Twelve-month price target is $50.
Cavium (CAVM) was upgraded at Nomura to neutral. Twelve-month price target is $40. Liquid IO continues to drive traction, Nomura said.
Clean Harbors (CLH) was downgraded at Robert Baird to neutral. Valuation call, based on a 12-month price target of $59, Robert Baird said.
Citrix (CTXS) was upgraded at Berenberg to buy from sell. Twelve-month price target is $70. Company is still in transition and is attractively valued on a sum-of-the-parts valuation, Berenberg said.
CNO Financial (CNO) was downgraded at Goldman Sachs to neutral from buy. Valuation call, based on a 12-month price target of $19.50, Goldman Sachs said.
Coach (COH) was downgraded at Morgan Stanley to underweight from equal-weight. Twelve-month price target is $36. Trends are worsening, Morgan Stanley said.
Emulex (ELX) was downgraded at Piper Jaffray to neutral from overweight. Twelve-month price target is $6. Company lacks visibility and potential catalysts, Piper Jaffray said.
Exelon (EXC) was upgraded at Deutsche Bank to buy from hold. Twelve-month price target is $38. Company is a core play on a long-awaited market recovery, Deutsche Bank said.
Exelon was upgraded at Wells Fargo to market perform. Power market is improving and the company should see accretion from the POM deal, Wells Fargo said.
Fortune Brands Home (FBHS) was upgraded at Robert Baird to outperform from neutral. Stock has lagged and weather issues should abate, Baird said.