Friday, February 20, 2015

Analysts' Actions: DSW, Kaiser Aluminum, Marvell, Oil States and More

NEW YORK (TheStreet) -- RATINGS CHANGES DSW was upgraded at Canaccord Genuity to buy from hold. Twelve-month price target is $45. Expect comp sales growth to re-accelerate, given better fashion trends, Canaccord said. Fossil was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: FOSL Ratings Report. Kaiser Aluminum was upgraded at Keybanc to buy from hold. Twelve-month price target is $85. Company will likely see increased operating leverage, given improving end-market demand, Keybanc said. Marvell was upgraded at FBR Capital Markets to outperform from market perform. Twelve-month price target is $21. Valuation call, as core earnings power remains strong, FBR Capital Markets said. Oil States was downgraded at Credit Suisse to neutral from outperform. Twelve-month price target is $43. Estimates were also cut, as lower pricing and activity should continue into 2016, Credit Suisse said. Ralph Lauren was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: RL Ratings Report. Reliance Steel was upgraded at Keybanc to buy from hold. Twelve-month price target is $66. Valuation call, given attractive free cash flow, Keybanc said. Must Read: 16 Rock-Solid Dividend Stocks With 50 Years of Increasing Dividends and Market-Beating Performance Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes," which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook.


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