i ran into this - publication in Fox business. According to my TipRanks Browser Extension the analyst behind the downgrade is Michael Binetti, and this is his statistics:
1) average return on any rating of his (Sell/Buy) since 2009 is -0.9% under the S&P500. meaning that listening to him since 2009 would have made you -0.9%.
2)his success rate is 55% (7 out of 11 recommendations) -Ok , but still inline with the money test.
3) higher ranked Analysts such as Jim Corridore from SnP CapitalIQ rated them at late Sep 2012 as a Strong Buy.
When you read analyst recommendations... do it with TipRanks installed.
looks like Michael Binetti wins................
FBC 18.23-0.92(-4.83%)3:27 PMEST
His performance is measured from the clothing price... so his influence is filtered... if it wasnt so all analytsts would have had great scores they change the trading volumes with their influence.