Analyst upgrades: ANF, BBI, HD and KSS
Posted Aug 17th 2007 10:34AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, Home Depot (HD), Blockbuster Inc 'A' (BBI), Kohl's Corp (KSS), Abercrombie and Fitch (ANF), Stocks to Buy
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). Tags: abercrombi, analyst, anf, bbi, blockbuster, caci, cai, hd, home depot, HomeDepot, kohl, kss, leap, orbitz, oww, rating, seagate, stx, upgrade
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