logo
  Join        Login             Stock Quote

Stock Upgrades & Downgrades: BPL, PSS, CGNX, NLC, BEE, MMI, LHCG, WFT, AGN

 March 03, 2011 12:58 PM
 


During the current trading session, several stocks were either upgraded or downgraded by analysts and rating agencies. Some notable upgrades and downgrades are discussed here.

Upgrades:

Buckeye Partners LP (NYSE: BPL) is upgraded to Outperform from Market Perform at Wells Fargo. BPL added 0.34 percent or $0.22 to $64.91.

Capstone has upgraded Collective Brands Inc (NYSE: PSS) to Buy from Hold. However, PSS lost 1.58 percent or $0.36 to $22.44.

Cognex Corporation (NASDAQ: CGNX) jumped 9.03 percent or $2.42 to $29.23 as it is hoisted to Overweight from Neutral at Piper Jaffray.

[Related -Allergan, Inc. (NYSE:AGN): Is Ozurdex A Potential Sleeper Hit?]

Nalco Holding Company (NYSE: NLC) is upgraded at JP Morgan to Overweight from Neutral with a price target of $30. NLC added 4.97 percent or $1.26 to $26.60 after the news.

Wells Fargo has upgraded Strategic Hotels & Resorts Inc (NYSE: BEE) to Outperform from Market Perform. BEE gained 5.41 percent or $0.33 to $6.44.

Downgrades:

[Related -Weatherford International Ltd (WFT): Strange Insider Activity]

Motorola Mobility Holdings Inc (NYSE: MMI) slipped 3.88 percent or $1.08 to $27.30 as it is downgraded to Neutral from Outperform at Cowen.

LHC Group Inc (NASDAQ: LHCG) is reduced to Hold from Buy with a price target of $26 at Jefferies. LHCG lost 9.32 percent or $2.80 to $27.25.

Sterne Agee has downgraded Weatherford International Ltd (NYSE: WFT) to Neutral from Buy. WFT slipped 0.66 percent or $0.14 to $21 after the news.

Goldman Sachs has removed Allergan Inc (NYSE: AGN) from its Conviction Buy List. AGN was down 0.03 percent or $0.02 to $72.

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageFour Stocks in the Dow Making Fresh 52 Week Lows

“What gets weak tends to get weaker; what gets strong tends to get read on...

article imageGreece And The Cemetery For Your Wealth

The Greek default is merely the opening act of the worst sovereign-debt crisis in history. By the time it read on...

article imageAll Signs Point To Higher Gold Prices

In the face of historic monetary stimulus from nearly every major central bank in the world over the past read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.