AOL and Walgreens Get Bullish Calls at Cantor Fitzgerald

TheStreetAugust 7, 2014

In Thursday's Analysts' Actions, Ralph Lauren, AOL and Walgreens get bullish calls from Wall Street firms. Ralph Lauren (RL) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse. The price target was also raised to $180 from $165. The firm says 'the company is seeing higher retail demand and margins are likely to rebound in the second half.' AOL (AOL) was upgraded to a 'Buy' from 'Hold' at Cantor Fitzgerald. Cantor raised the target price of the shares to $50 and thinks "business fundamentals are improving" for AOL. Cantor also upgraded Walgreens (WAG) to 'Hold' from 'Sell.' The firm said this was a "valuation call" and raised its price target for the drugstore giant to $56 from $50. TheStreet's Susannah Lee reports from the NYSE.