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Analyst upgrades: ANF, BBI, HD and KSS

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MOST NOTEWORTHY: CACI Int'l (CAI), Abercrombie & Fitch (ANF), Kohl's (KSS) and the software sector were today's most noteworthy upgrades:
  • JP Morgan upgraded CACI Int'l (NASDAQ: CAI) to Overweight from Underweight, considering the company an attractive, defensive stock and a "safe haven" based on the government exposure.
  • Friedman Billings upgraded Abercrombie & Fitch (NYSE: ANF) to Outperform from Market Perform citing ongoing cost-cutting and MG&A lines.
  • Deutsche Bank upgraded Kohl's (NYSE: KSS) to Buy from Neutral citing valuation and successful execution of its marketing, merchandising and store expansion plans.
  • Bear Stearns upgraded the software sector to Market Weight from Underweight on valuation...
OTHER UPGRADES:
  • FTN Midwest upgraded to Seagate (NYSE: STX) to Buy from Neutral.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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DJIA+44.2910,291.26
NASDAQ+15.822,166.90
S&P 500+5.501,098.51

Last updated: November 12, 2009: 12:17 AM

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