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Tuesday, December 20, 2011

Stock Upgrades and Downgrades : T, HPT, CVS, FSC, URBN, COH, TIF, TJX, ROST, GPS - 12/20/11

These stocks are usually going up  or down because of brokers upgraded or downgraded .If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance &  support levels.You can also check previous stocks to buy reports- Right Here. 

AT&T (T), Hospitality Properties (HPT), CVS Caremark (CVS), Fifth Street Finance (FSC), Urban Outfitters (URBN), Coach (COH), Tiffany (TIF) , TJX (TJX), Ross Stores (ROST), Gap (GPS) were upgraded or downgraded by analysts.

AT&T (T) downgraded to Neutral from Overweight at JP Morgan.JP Morgan resumed coverage on AT&T with a Neutral rating from an Overweight rating. They believe AT&T's wireless margins will continue to be pressured from smartphones, specially iPhones, and that subsidy costs will remain high. Price target lowered to $31 from $33.

Hospitality Properties (HPT) downgraded to Market Perform at Keefe Bruyette.Keefe Bruyette downgraded Hospitality Properties to Market Perform from Outperform with a $23 price target citing valuation and the potential for capital raises.

CVS Caremark (CVS) initiated with an Outperform at Macquarie Target $45.

Fifth Street Finance (FSC) initiated with a Buy at Deutsche Bank Target $11.

Urban Outfitters (URBN) initiated with a Neutral at Collins Stewart Target $28.

Coach (COH) initiated with a Neutral at Collins Stewart Target $67.

Tiffany (TIF) initiated with a Neutral at Collins Stewart Target $72.
 
TJX (TJX) initiated with a Buy at Collins Stewart Target $75.

Ross Stores (ROST) initiated with a Buy at Collins Stewart Target $47.

Gap (GPS) initiated with a Sell at Collins Stewart Target $17.

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