The firm also downgrades AMD, Intel and Marvell.
Sprint is upgraded to 'buy,' and Celgene is downgraded to 'neutral.'
Analysts from Sterne Agee say the stock has passed their price target and no new catalysts are apparent.
Autodesk is downgraded at 2 firms, and General Growth is downgraded to 'neutral.'
July home sales show market strength. Investors hope central bank policymakers will hint at more stimulus. Japan's trade deficit heightens worries about a global slowdown. Dell warns of a tough second half.
Here are a few clothing retailers to watch this week.
Aeropostale and American Eagle can expect a jump in spending on apparel and accessories this fall.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.