NEW YORK (TheStreet) -- RATINGS CHANGES
Abercrombie & Fitch (ANF) was upgraded at Stifel Nicolaus to buy from hold. Twelve-month price target is $50. Company has an improved merchandise offering and is cutting costs, Stifel Nicolaus said.
Sotheby's (BID) was upgraded to buy at TheStreet Ratings.
Buffalo Wild Wings (BWLD) was upgraded at Morgan Stanley to equal-weight. Twelve-month price target is $148. Company has strong traffic trends and the stock is attractive, following a recent pullback, Morgan Stanley said.
Choice Hotels (CHH) was upgraded at Wells Fargo to market perform from underperform. Much of the negative SkyTouch news has already been priced in, Wells Fargo said.
Dean Foods (DF) was upgraded at Credit Suisse to outperform from neutral. Twelve-month price target is $18. Company should benefit from lower dairy prices, Credit Suisse said.
New Oriental Education and Technology (EDU) was downgraded to hold at TheStreet Ratings.
Intercept (ICPT) was upgraded at Leerink Swann to outperform. Twelve-month price target is $445. Probability of NASH success is now 85%, following latest top-line data, Leerink Swann said.
PerkinElmer (PKI) was initiated with a buy rating at Stifel NIcolaus. Twelve-month price target is $53. Organic growth should begin to rebound in the second half, Stifel Nicolaus said.
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