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Analyst upgrades:

  • FBR upgraded Abercrombie & Fitch (ANF) to reflect strong channel checks over the Black Friday weekend. The firm raised its target on shares to $46 from $39.
  • Morgan Stanley upgraded Safeway (SWY), citing improvements in pricing.
  • Baird upgraded US Bancorp (USB) based on valuation. The firm raised its target price to $29 from $25.
  • HSBC Holdings (HBC) was upgraded to buy from neutral at BofA/Merrill.
  • Genzyme (GENZ) was upgraded to buy from hold at Citigroup.
  • Deere (DE) was upgraded to outperform from market perform at Wells Fargo.

Continue reading Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ...

Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ... originally appeared on BloggingStocks on Mon, 30 Nov 2009 11:20:00 EST. Please see our terms for use of feeds.

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