Market Overview

Equity Brief: Upgrades and Downgrades for September 13th: AAPL, AEO, AFAM, AMD, AMEC, AMED, ANF, ASNA, AYI


A number of stocks were upgraded and downgraded by equities research analysts today, as reported by Analyst Ratings Network (http://bit.ly/arndailyr) and Equity Brief:

Deutsche Bank  raised its price target on shares of Apple, Inc (NASDAQ: AAPL) from $650.00 to $775.00. They have a buy rating on the stock.

Citigroup  initiated coverage on shares of American Eagle (NYSE: AEO). They issued a buy rating on the stock and set a $28.00 price target.

Jefferies Group  initiated coverage on shares of Almost Family, Inc. (NASDAQ: AFAM). They issued a hold rating on the stock and set a $23.50 price target.

Citigroup  downgraded shares of Advanced Micro Devices (NYSE: AMD) from a buy rating to a neutral rating. Their analysts now have a $4.25 price target on the stock, down previously from $6.50.

Arden Partners Ltd  reiterated its buy rating on shares of AMEC (LON: AMEC). They have a $22.50 price target on the stock.

Jefferies Group  initiated coverage on shares of Amedisys, Inc. (NASDAQ: AMED). They issued a hold rating on the stock and set a $14.00 price target.

Citigroup  initiated coverage on shares of Abercrombie & Fitch (NYSE: ANF). They issued a sell rating on the stock and set a $32.00 price target.

Citigroup  initiated coverage on shares of Ascena Retail Group Inc (NASDAQ: ASNA). They issued a buy rating on the stock and set a $25.00 price target.

Avian Securities  downgraded shares of Acuity Brands  Inc (NYSE: AYI) from a positive rating to a neutral rating.

Societe Generale  downgraded shares of BAE Systems PLC (NASDAQ: BAESY) from a hold rating to a sell rating.

Barclays Capital  downgraded shares of Cooper Industries PLC (NYSE: CBE) from an overweight rating to an equal weight rating. Their analysts now have a $74.00 price target on the stock.

Nomura  upgraded shares of Cliffs Natural Resources Inc (NYSE: CLF) from a neutral rating to a buy rating. Nomura now has a $54.00 price target on the stock.

Miller Tabak  raised its price target on shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) from $350.00 to $355.00. They have a buy rating on the stock.

Citigroup  initiated coverage on shares of Coach (NYSE: COH). They issued a neutral rating on the stock and set a $67.00 price target.

Piper Jaffray  downgraded shares of Corcept Therapeutics Incorporated (NASDAQ: CORT) from an overweight rating to a neutral rating.

Stifel Nicolaus  raised its price target on shares of Cirrus Logic, Inc. (NASDAQ: CRUS) from $45.00 to $50.00. They have a buy rating on the stock.

Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at http://bit.ly/arndailyr

Content and Media Contact: newseditor@equitybriefing.com







This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Equity Brief via Thomson Reuters ONE

HUG#1640904

 

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters