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Tuesday, June 7, 2011

Brokerage House Upgrades and Downgrades: (SBS), (WLL), (AEO), (ES), (SMG)

Standpoint Research, the brokerage firm, has recently decreased the rating on Sabesp (SBS). They lowered the rating from Buy to Hold. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. Shares of SBS traded higher by 0.28% or $0.17/share to $61.42. In the past year, the shares have traded as low as $36.69 and as high as $61.51. On average, 293886 shares of SBS exchange hands on a given day and today's volume is recorded at 126351.

Whiting Petroleum (WLL) is currently being analyzed by the brokerage firm Global Hunter Securities. They have just increased their rating from Neutral to Accumulate. This indicates that the company may doing doing better than investors expect. Look for potential buying pressure or an upside move in the share price. Shares of WLL traded higher by 0.02% or $0.01/share to $61.9. In the past year, the shares have traded as low as $36.82 and as high as $75.91. On average, 2184620 shares of WLL exchange hands on a given day and today's volume is recorded at 671329.

Brean Murray, the brokerage firm, has recently changed the rating on American Eagle (AEO). They upped the rating from Sell to Hold. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. Shares of AEO remained unchanged at $12.8. In the past year, the shares have traded as low as $11.35 and as high as $17.46. On average, 4617790 shares of AEO exchange hands on a given day and today's volume is recorded at 2975809.

Wedbush, the brokerage firm, has recently decreased the rating on EnergySolutions (ES). They lowered the rating from Outperform to Neutral. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. The target price is currently set at $5 per share by the brokerage firm. Shares of ES fell by 0.21% or $-0.01/share to $4.7. In the past year, the shares have traded as low as $4.35 and as high as $7.23. On average, 1280760 shares of ES exchange hands on a given day and today's volume is recorded at 279669.

Longbow, the brokerage firm, has recently changed the rating on Scotts Miracle-Gro (SMG). They lowered the rating from Buy to Neutral. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. Shares of SMG traded higher by 1.51% or $0.79/share to $53.21. In the past year, the shares have traded as low as $43.27 and as high as $60.62. On average, 543545 shares of SMG exchange hands on a given day and today's volume is recorded at 389077.