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Monday, June 6, 2011

Daily Upgrades and Downgrades: (XUE), (EXPE), (NRGY), (MMYT), (SBS)

Xueda Education (XUE) recently had their rating changed from Neutral to Outperform. Robert W. Baird is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $12 per share by the brokerage firm. Shares of XUE traded higher by 0.38% or $0.03/share to $8.01. In the past year, the shares have traded as low as $8.00 and as high as $14.73. On average, 94289 shares of XUE exchange hands on a given day and today's volume is recorded at 137424.

Expedia (EXPE) is currently being analyzed by the brokerage firm Standpoint Research. They have just changed their rating from Buy to Hold. This indicates that the company may not be doing as well as investors were expecting. Look for potential selling pressure or a downside move in the share price. Shares of EXPE fell by 2.32% or $-0.64/share to $26.99. In the past year, the shares have traded as low as $18.30 and as high as $29.85. On average, 7321170 shares of EXPE exchange hands on a given day and today's volume is recorded at 2520000.

Inergy (NRGY) is currently being analyzed by the brokerage firm Robert W. Baird. They have just increased their rating from Neutral to Outperform. 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. The target price is currently set at $42 per share by the brokerage firm. Shares of NRGY fell by 0.46% or $-0.163/share to $35.327. In the past year, the shares have traded as low as $33.52 and as high as $43.95. On average, 394614 shares of NRGY exchange hands on a given day and today's volume is recorded at 485443.

MakeMyTrip (MMYT) is currently being analyzed by the brokerage firm Oppenheimer. They have just changed their rating from Perform to Outperform. 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. The target price is currently set at $32 per share by the brokerage firm. Shares of MMYT traded higher by 3.08% or $0.71/share to $23.79. In the past year, the shares have traded as low as $20.75 and as high as $42.88. On average, 161589 shares of MMYT exchange hands on a given day and today's volume is recorded at 258515.

Standpoint Research, the brokerage firm, has recently changed 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 fell by 2.43% or $-1.52/share to $61.11. In the past year, the shares have traded as low as $36.69 and as high as $61.51. On average, 284197 shares of SBS exchange hands on a given day and today's volume is recorded at 171579.