Monday Upgrades: BP and Abercrombie (NYSE:BP),(NYSE:ANF)
Submitted by WSN_Staff on Mon, 03/01/2010 - 13:37.
Abercrombie & Fitch Co. (NYSE:ANF) and BP Plc (NYSE:BP) received some analyst love this morning, both stocks have been upgraded and are on the move.
BP Plc (NYSE:BP) and was upgraded to buy from neutral at BofA/Merrill Lynch (NYSE:BAC). BP shares are up today 1.4% and trading at the $54 level. Merrill Lynch set a $66.15 target price on BP shares, which is above the stock's last 52-week high of $62.38 hit last month. BP has paid out an 84 cent dividend throughout 2009, for an impressive 6.23% yield.
Abercrombie & Fitch (ANF) was upgraded to neutral from underperform at Cowen. ANF shares are trading up 1.3% at just under $27, thus far in 2010 the stock is up 5.7%. Abercrombie & Fitch just paid out a 18 cent dividend last week and will pay a quarterly dividend of $0.175 on March 16, 2010 to shareholders of record at the close of business on February 26, 2010.
Links to Google Finance:
| Ticker | Company | Price | Mkt Cap |
|---|---|---|---|
| BP | BP plc (ADR) | $53.97 | 168.82B |
| ANF | Abercrombie & Fitch Co. | $36.93 | 3.25B |
- Login to post comments
Email this page
Thanks for visiting WallStNation.com, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.
Daily Market Summary
Please Review the WallStNation.com Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details
Please download or enable Adobe Flash to see CitiFX Pro's currency rates widget.
Trade Forex with CitiFX Pro
