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November 4, 2009 7:31 AM EST
Lazard Capital Markets has downgraded numerous stocks in the Apparel group this morning:
- American Eagle Outfitters (NYSE: AEO) from Buy to Hold
- Warnaco (NYSE: WRC) from Buy to Hold
- Callaway Golf (NYSE: ELY) from Buy to Hold
- Jones Apparel (NYSE: JNY) from Buy to Hold
- Quiksilver (NYSE: ZQK) from Buy to Hold
- True Religion (Nasdaq: TRLG) from Buy to Hold
- Saks (NYSE: SKS) from Hold to Sell
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