Analyst Actions on Retailers Michael Kors and Abercrombie & Fitch

Barclays (BCS) lowered its price target for Michael Kors (KORS) to $78 from $83. The firm has an 'Underweight' for the stock and says 'near term top in slowdown in North America' for cutting estimates. Boardwalk Pipeline Partners (BWP) got its price target raised at Credit Suisse (CS) to $24 from $20. The firm has an 'Outperform' rating and says it likes Boardwalk Pipeline's strong second quarter results. And Abercrombie & Fitch (ANF) is now on Jefferies' 'Franchise Pick List' which is the firms highest conviction calls. The firm has a 'Buy' rating for Abercrombie with a price target at $60 per share.