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Analyst upgrades: ANF, BBI, HD and KSS

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).

Analyst upgrades 6-27-07: FIRE, JBHT, KSS and TM

MOST NOTEWORTHY: Toyota Motor Corp (TM), J.B. Hunt Transport Services (JBHT), SourceFire (FIRE), Kohl's Corp (KSS) and Millennium Pharmaceuticals (MLNM) were today's noteworthy upgrades:
  • Goldman upgraded shares of Toyota Motor Corp (NYSE: TM) to Buy from Neutral to reflect expectations for greater operating profits and margin expansion in 2007.
  • Keybanc upgraded shares of J.B. Hunt Transport (NASDAQ: JBHT) to Buy from Hold based on increased conviction in JBHT's ability to increase intermodal volumes, easier 2H and 2008 comps, buybacks and valuation.
  • Jefferies upgraded SourceFire Inc (NASDAQ: FIRE) to Buy from Hold after their checks indicated better Federal IT spending and solid sales activity.
  • Kohl's Corp (NYSE: KSS) was raised to Outperform from Neutral at Baird on valuation.
  • Millennium Pharmaceuticals (NASDAQ: MLNM) was upgraded to Market Perform from Underperform at Friedman Billings, citing recent monthly Velcade prescription trends for the move higher...
OTHER UPGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst upgrades 6-14-07: EXPE, KSS, ORCL, SHOO and THI

MOST NOTEWORTHY: Steven Madden, Ltd (SHOO), Expedia, Inc (EXPE), Oracle Corp (ORCL) and Tim Horton's Inc (THI) round up today's noteworthy upgrade list:
  • Steve Madden, Ltd (NASDAQ: SHOO) was upgraded to Buy from Neutral at Nollenberger as they believe Madden is well positioned going into the back half of 2007 with clean inventories and focused products.
  • Matrix believes increasing marketing efforts and European growth are contributing to significant improvement in fundamental trends for Expedia Inc (NASDAQ: EXPE), and upgraded shares to Hold from Sell.
  • Pacific Crest upgraded shares of Oracle Corp (NASDAQ: ORCL) to Outperform from Sector Perform to reflect improved channel checks and the probability of continued success.
  • CIBC upgraded Tim Horton's (NYSE: THI) to Sector Outperformer from Sector Performer based on valuation...
OTHER UPGRADES:
  • Bear Stearns upgraded Illumina, Inc (NASDAQ: ILMN) to Outperform from Peer Perform.
  • Buckingham raised Kohl's Corp (NYSE: KSS) to Strong Buy from Neutral.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 12:16 AM

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