This morning, Bank of America upgraded shares of Abercrombie & Fitch (NYSE:ANF) to a buy rating as the firm see additional catalysts for growth at the clothing retailer. With the upgrade, Bank of America set a $60 price target. Shares of Abercrombie were higher by 3.5% following the upgrade.
UBS upgraded shares of Yum! Brands (NYSE:YUM) from neutral to buy the firm sees profitability improving in China over the next several quarters. With the upgrade, UBS set a $80 price target. Shares of Yum! Brands were higher by 3% on Friday.
And Credit Suisse increased its EPS estimates on shares of Blackrock (NYSE:BLK) through 2015 as asset inflows are increasing. In the report, Credit Suisse maintained its neutral rating, but increased its price target to $281. Shares of Blackrock were higher by 4% today.
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