2012-12-18 16:28:06 -
A number of stocks were upgraded and downgraded by equities research analysts
today, as reported by Analyst Ratings Network ( bit.ly/equitybriefdaily)
and Equity Brief:
KeyBanc reiterated its buy rating on shares of Federal Signal Co. (FSS). They
have a $9.00 price target on the stock.
Robert W. Baird reiterated its rating on shares of Greif (GEF). They have a
$47.00 price target on the stock.
RBC Capital reiterated its sector perform rating on shares of CGI Group Inc
(GIB). They have a $26.00 price target on the stock, down previously from
Zacks upgraded shares of Gildan Activewear (GIL) from a neutral rating to an
outperform rating. Zacks now has a $38.70 price target on the stock.
Susquehanna upgraded shares of Goldman Sachs (GS) from a neutral rating to a
its outperform rating on shares of Hanesbrands (HBI). They have
a $43.00 price target on the stock. Zacks' analyst wrote, "Hanesbrands posted
solid third quarter 2012 results with earnings of $1.11 per share, which
outpaced the prior-year earnings by 31% and the Zacks Consensus Estimate by
5.7%. The upswing was driven by strong sales growth in both Innerwear and
Outerwear segments. Overall, we are impressed with the company's strong
portfolio of brands and its continuous innovations. Efficiency in initiatives
has led to substantial cost savings and the company is also taking efforts to
optimize its inventories, reduce long-term debt and de-leverage its balance
sheet. Despite currency and cotton cost headwinds, Hanesbrands anticipates its
earnings to improve in fiscal 2012 and 2013."
JPMorgan Chase initiated coverage on shares of HCA Holdings Inc (HCA). They
issued an overweight rating on the stock.
Sandler O'Neill upgraded shares of Hudson City Bancorp, Inc. (HCBK) from a hold
rating to a buy rating.
RBC Capital reiterated its sector perform rating on shares of HEICO (HEI). They
have a $45.00 price target on the stock, up previously from $39.00.
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Source: Equity Brief via Thomson Reuters ONE