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Notable Analyst Rating Changes 04/02: (KSS) (ANF) (FTR) Upgraded; (GRPN) (AMZN) (TXN) Downgraded

April 2, 2012 11:15 AM EDT
UPGRADES
JPMorgan upgrades Kohl's (NYSE: KSS) from Underweight to Neutral, its price target raised from $42 to $55.

Brean Murray Carret & Co. lifts Abercrombie & Fitch (NYSE: ANF) to Buy with a price target of $65. Click Here for more color.

Nomura Securities boosts Frontier Communications (Nasdaq: FTR) from Neutral to Buy, its price target raised from $4 to $5. Click Here for more color.

BofA/Merrill Lynch raises Noranda Aluminum (NYSE: NOR) from Neutral to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Groupon (Nasdaq: GRPN) downgraded by two Monday:
  • Stifel Nicolaus from Hold to Sell; and

  • BofA/Merrill Lynch from Buy to Neutral with a price target of $20 (down from $30).
BofA/Merrill Lynch lowers Amazon.com (Nasdaq: AMZN) from Buy to Neutral, saying estimates are too high.

UBS trims Texas Instruments (Nasdaq: TXN) from Buy to Neutral.

Raymond James reduces its rating on Buffalo Wild Wings (Nasdaq: BWLD) from Market Perform to Underperform.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Topeka Capital starts coverage on Apple, Inc. (Nasdaq: AAPL) with a Buy and $1001 price target. Click Here for more color.

Morgan Stanley resumes General Motors (NYSE: GM) at Overweight and $45 target.

Mizuho Securities initiates Threshold Pharmaceuticals (Nasdaq: THLD) with a Buy and target of $15.

Pacific Crest starts TiVo (Nasdaq: TIVO) with a Sector Perform.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Stifel, Brean Murray Carret & Co., UBS, JPMorgan, Raymond James, Morgan Stanley, Nomura, Pacific Crest Securities, Notable Analyst Rating Changes