Broadcom Corp. (NASDAQ: BRCM): Oppenheimer & Co. on Wednesday upgraded its rating on the company to Outperform from Perform, citing the recent pullback in shares and the company's growth potential. Shares of the company rallied more than 3% in Wednesday's pre-market trading.
Urban Outfitters (NASDAQ: URBN): Piper Jaffray this morning upgraded the company to Overweight from Neutral. Urban Outfitters gained more than 3% in Wednesday's pre-market trading.
CIT Group (NYSE: CIT): Barclays downgraded the company to Equalweight from Overweight. The firm cut its price target on the stock to $46 from $48.
Carnival Corp. (NYSE: CCL): Credit Suisse initiated coverage on the company with a Neutral rating and a price target of $43.
Aeropostale, Inc. (NYSE: ARO): KeyBank upgraded its rating on the company to Hold from Underweight, citing valuation.
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