Bearish Calls on DSW and Cisco, Time Warner Cable Gets Upgrade

Now watching

Next video starts in : 7 Play

Bearish Calls on DSW and Cisco, Time Warner Cable Gets Upgrade

Bearish Calls on DSW and Cisco, Time Warner Cable Gets Upgrade
Replay video
Up next

McDonald's headquarters closed due to worker wage protests

Unlock your personal NFL Now stream by signing in to NFL.com

Bearish Calls on DSW and Cisco, Time Warner Cable Gets Upgrade

by TheStreet.com Videos 1:03 mins

In Monday's Analysts' Actions, Cisco and DSW get downgrades and Time Warner Cable gets an upgrade. DSW (DSW) was downgraded at Sterne Agee to 'underperform' from 'neutral.' The firm said, 'a lack of fashion trends and a cool start to spring certainly hurt business' The price target is $23 dollars a share, that's about a 15% to the downside from where the stock is currently trading. Cisco (CSCO) was also downgraded. The stock is now rated a 'sector perform' from 'outperform' at Pacific Crest Securities. Price target is unchanged at $26 per share. The analysts at Pacific Crest believe the stock is fully valued as the company attempts to enter new markets through acquisitions. Time Warner Cable (TWC) was upgraded at Wunderlich Securities to a 'buy' from 'hold.' The price target was also raised to $190 from $146. The firm says it expects the possible merger with Comcast to receive regulatory approval. TheStreet's Susannah Lee has the report from Wall Street.

View Comments (0)