Analyst calls: Citigroup initiates 12 retailers

The firm also downgrades AMD, Intel and Marvell.

By MSN Money Partner Sep 13, 2012 12:02PM
Information provided by Theflyonthewall.com

Thursday's noteworthy upgrades include:  
  • Cliffs Natural (CLF) upgraded to Buy from Neutral at Nomura
  • Zumiez (ZUMZ) upgraded to Buy from Neutral at DA Davidson
Thursday's noteworthy downgrades include:  
  • AMD (AMD) downgraded to Neutral from Buy at Citigroup
  • Intel (INTC) downgraded to Neutral from Buy at Citigroup
  • Marvell (MRVL) downgraded to Neutral from Buy at Citigroup
  • Darden (DRI) downgraded to Neutral from Outperform at RW Baird
  • Nike (NKE) downgraded to Neutral from Buy at Citigroup
  • Northrop Grumman (NOC) downgraded to Sell from Neutral at UBS
  • T. Rowe Price (TROW) downgraded to Neutral from Outperform at Credit Suisse
  • UPS (UPS) downgraded to Equal Weight from Overweight at Barclays
Thursday's noteworthy initiations include:  
  • Abercrombie & Fitch (ANF) initiated with a Sell at Citigroup
  • American Eagle (AEO) initiated with a Buy at Citigroup
  • Ascena Retail (ASNA) initiated with a Buy at Citigroup
  • Coach (COH) initiated with a Neutral at Citigroup
  • Gap (GPS) initiated with a Neutral at Citigroup
  • Limited (LTD) initiated with a Buy at Citigroup
  • Michael Kors (KORS) initiated with a Buy at Citigroup
  • Ross Stores (ROST) initiated with a Buy at Citigroup
  • Signet Jewelers (SIG) initiated with a Buy at Citigroup
  • TJX (TJX) initiated with a Buy at Citigroup
  • Tiffany (TIF) initiated with a Buy at Citigroup
  • Urban Outfitters (URBN) initiated with a Neutral at Citigroup
  • Microsoft (MSFT) initiated with a Hold at Jefferies
  • Red Hat (RHT) initiated with a Buy at Jefferies
  • Nuance (NUAN) initiated with an Overweight at Morgan Stanley
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

116
116 rated 1
275
275 rated 2
482
482 rated 3
656
656 rated 4
643
643 rated 5
650
650 rated 6
638
638 rated 7
485
485 rated 8
281
281 rated 9
127
127 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ATVIACTIVISION BLIZZARD Inc10
CTSHCOGNIZANT TECHNOLOGY SOLUTIONS10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
HPQHEWLETT PACKARD CO10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.