Analyst calls: Abercrombie & Fitch upgraded
Amazon.com and Groupon are downgraded to 'neutral' at BofA/Merrill.
Monday's noteworthy upgrades include:
- Abercrombie & Fitch (ANF) upgraded to Buy from Hold at Brean Murray
- Canadian Natural (CNQ) upgraded to Overweight from Equal Weight at Barclays
- Concho Resources (CXO) upgraded to Buy from Hold at Deutsche Bank
- Kohl's (KSS) upgraded to Neutral from Underweight at JPMorgan
- Gap (GPS) upgraded to Above Average from Average at Caris
- Amazon.com (AMZN) downgraded to Neutral from Buy at BofA/Merrill
- Groupon (GRPN) downgraded to Neutral from Buy at BofA/Merrill
- Linear Technology (LLTC) downgraded to Neutral from Buy at UBS
- SL Green Realty (SLG) downgraded to Neutral from Buy at UBS
- Sherwin-Williams (SHW) downgraded to Neutral from Buy at BofA/Merrill
- Texas Instruments (TXN) downgraded to Neutral from Buy at UBS
- Halliburton (HAL) downgraded to Market Perform from Outperform at Howard Weil
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The company is planning a 10-for-1 split, which will cut its share price dramatically.
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