Aon Corp. (AON), Urban Outfitters (URBN), Sohu.com (SOHU), Newfield Exploration (NFX) , Yamana Gold (AUY) and Fossil (FOSL) were upgraded or downgraded by analysts.
Urban Outfitters (URBN) downgraded to Sell from Hold at Brean Murray.Brean Murray downgraded Urban Outfitters to Sell and cut estimates below consensus based on expectations for weak comps and margins following all the top management turnover. The firm expects disappointing Q4 comps on Thursday and for its premium multiple to contract. Price target is $23.
Sohu.com (SOHU) downgraded to Neutral from Positive at Susquehanna.
Newfield Exploration (NFX) downgraded to Neutral from Buy at UBS.UBS downgraded Newfield Exploration based on weak volume growth and asset underperformance. Price target lowered to $41 from $44.
Yamana Gold (AUY) downgraded to Hold from Buy at Dahlman Rose.Dahlman Rose downgraded Yamana Gold based on valuation.
Fossil (FOSL) downgraded to Hold from Buy at Brean Murray.Brean Murray downgraded Fossil based on valuation and high Street expectations
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com/