Analyst calls: Citigroup initiates 12 retailers
The firm also downgrades AMD, Intel and Marvell.
Information provided by Theflyonthewall.comThursday's noteworthy upgrades include:
- Cliffs Natural (CLF) upgraded to Buy from Neutral at Nomura
- Zumiez (ZUMZ) upgraded to Buy from Neutral at DA Davidson
- 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
- 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
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