Wednesday, October 20, 2010

Abercrombie Gets An Upgrade

Morgan Stanley upgraded shares of Abercrombie & Fitch to overweight from subsequent to weight Tuesday, citing tasteful valuation. The organisation believes the marketplace is undervaluing shares of the wardrobe tradesman and sees shares rock climbing to $56 over the subsequent twelve months.Shares of Abercrombie & Fitch ( ANF - news - people ) were trade reduce with the ubiquitous markets today, off about 2% this morning.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssforbes:http://www.forbes.com/2010/05/04/upgrades-anf-bzh-sape-marketnewsvideo.html?partner=yahoobuzzBank of America lifted the cost aim on shares of Beazer Homes USA ( BZH - news - people ), citing a healthier change piece in their report. The organisation upped the cost aim from $4.50 per share to $7 per share, whilst progressing the neutral rating.In sunrise trade shares of Beazer Home were strike tough by the downturn in the markets, off some-more than 12% so far.Citigroup upgraded shares of Sapient ( SAPE - news - people ) from hold to buy as the organisation sees the digital marketplace pushing gain in the future. With the upgrade, Citigroup lifted the cost aim from $11 per share up to $14.50.Shares of Sapient were trade modestly higher on the upgrade, gaining roughly 0.3% this morning.,,2010/05/04/upgrades-anf-bzh-sape-marketnewsvideo.htmlMarket News Video produces and distributes online videos about bonds and investing.
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