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Equity Brief: Ratings Changes for December 18th: FSS, GEF, GIB, GIL, GS, HBI, HCA, HCBK


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Copyright © Thomson Reuters 2012. All rights reserved.
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
$30.00.

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
positive rating.

Zacks reiterated 
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. Stay on top of analysts' coverage with Analyst Ratings Network's free daily email newsletter that provides a concise list of analysts' upgrades, downgrades and initiations. Register at bit.ly/equitybriefdaily Content and Media Contact: newseditor@equitybrief.net This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Equity Brief via Thomson Reuters ONE [HUG#1666080]


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