Top Analyst Upgrades and Downgrades (ANF, ALGN, ACC, ARUN, FWLT, FTE, GPS, HMN, IR, KORS, MWW, PMT, RKUS, TWC, TUMI, URBN)
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday.
Abercrombie & Fitch Co. (NYSE: ANF) started as Neutral at Goldman Sachs.
Align Technology Inc. (NASDAQ: ALGN) started as Neutral at Goldman Sachs.
American Campus Communities Inc. (NYSE: ACC) reiterated Buy and raised estimates at Argus.
Aruba Networks Inc. (NASDAQ: ARUN) started as Neutral at J.P. Morgan and started as Outperform at Oppenheimer.
Foster Wheeler A.G. (NASDAQ: FWLT) cut to Neutral at Lazard.
France Telecom S.A. (NYSE: FTE) named as Bear of the Day at Zacks.
Gap Inc. (NYSE: GPS) started as Buy with $41 target at Goldman Sachs.
Horace Mann Educators Corp. (NYSE: HMN) named as value stock of the day at Zacks.
Ingersoll Rand PLC (NYSE: IR) maintained Hold into spin-off at Argus, and maintained Outperform and raised target to $53 at Credit Suisse.
Michael Kors Holdings Ltd. (NYSE: KORS) started with Conviction Buy rating and $75 target at Goldman Sachs.
Monster Worldwide Inc. (NYSE: MWW) named as Bull of the Day at Zacks.
PennyMac Mortgage Investment Trust (NYSE: PMT) raised to Outperform at KBW.
Ruckus Wireless Inc. (NYSE: RKUS) started as Neutral at Goldman Sachs, started as Outperform at Oppenheimer, started as Overweight at Morgan Stanley and started as Hold at Deutsche Bank.
Time Warner Cable Inc. (NYSE: TWC) reiterated Buy and raised target by $15 to $115 at Argus.
Tumi Holdings Inc. (NYSE: TUMI) started with Conviction Buy rating and $30 target at Goldman Sachs.
Urban Outfitters Inc. (NASDAQ: URBN) started as Neutral at Goldman Sachs.
Here are some other outlook pieces for the end of 2012 and 2013:
- Fortune's Top 10 Stocks to Buy for 2013
- BofA's 10 Defensive and Yield Stock Picks for 2013
- The Big Gold Trade: 2013 Pairing Gold Versus Miners
- S&P 500 Upside Targets for 2013 from Everyone
- Our own 2013 Alternative Energy and Cleantech Outlook for 2013
JON C. OGG
Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: ACC, ALGN, ANF, ARUN, FTE, FWLT, GPS, HMN, IR, KORS, MWW, PMT, RKUS, TUMI, TWC, URBN