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Tuesday, June 7, 2011

Stock Upgrades and Downgrades: (MMYT), (MSFT), (XUE), (XIDE), (DGI)

Oppenheimer, the brokerage firm, has recently increased the rating on MakeMyTrip (MMYT). They upped the rating from Perform to Outperform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $32 per share by the brokerage firm. Shares of MMYT fell by 2.93% or $-0.69/share to $22.83. In the past year, the shares have traded as low as $20.75 and as high as $42.88. On average, 180802 shares of MMYT exchange hands on a given day and today's volume is recorded at 206484.

Standpoint Research, the brokerage firm, has recently changed the rating on Microsoft (MSFT). They upped the rating from Hold to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $29 per share by the brokerage firm. Shares of MSFT traded higher by 0.17% or $0.04/share to $24.05. In the past year, the shares have traded as low as $22.73 and as high as $29.46. On average, 62225400 shares of MSFT exchange hands on a given day and today's volume is recorded at 22313208.

Xueda Education (XUE) recently had their rating increased 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 fell by 1.75% or $-0.14/share to $7.86. In the past year, the shares have traded as low as $8.00 and as high as $14.73. On average, 95017 shares of XUE exchange hands on a given day and today's volume is recorded at 75328.

Exide Tech (XIDE) recently had their rating changed from Buy to Accumulate. Ardour Capital is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock. The share prices may fall because of this action. Analysts believe that the company's share price may begin to fall. The target price is currently set at $10 per share by the brokerage firm. Shares of XIDE traded higher by 2.45% or $0.18/share to $7.53. In the past year, the shares have traded as low as $3.96 and as high as $12.68. On average, 719519 shares of XIDE exchange hands on a given day and today's volume is recorded at 847043.

DigitalGlobe (DGI) recently had their rating changed from Mkt Perform to Outperform. Morgan Keegan 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 $32 per share by the brokerage firm. Shares of DGI traded higher by 0.49% or $0.12/share to $24.62. In the past year, the shares have traded as low as $23.31 and as high as $33.16. On average, 315919 shares of DGI exchange hands on a given day and today's volume is recorded at 119119.