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Wednesday, June 8, 2011

Stock Upgrades and Downgrades: (NOK), (NOG), (ESV), (CRZO), (WY)

Nokia (NOK) recently had their rating changed from Buy to Hold. Canaccord Genuity 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 $8 per share by the brokerage firm. Shares of NOK fell by 4.28% or $-0.28/share to $6.26. In the past year, the shares have traded as low as $7.73 and as high as $11.75. On average, 29651300 shares of NOK exchange hands on a given day and today's volume is recorded at 39312336.

CapitalOne southcoast, the brokerage firm, has recently changed the rating on Northern Oil & Gas (NOG). They upped the rating from Add to Strong 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 $37 per share by the brokerage firm. Shares of NOG traded higher by 5.38% or $0.94/share to $18.4. In the past year, the shares have traded as low as $11.95 and as high as $33.98. On average, 2693050 shares of NOG exchange hands on a given day and today's volume is recorded at 2303509.

Dahlman Rose, the brokerage firm, has recently increased the rating on Ensco (ESV). 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 $70 per share by the brokerage firm. Shares of ESV traded higher by 0.49% or $0.27/share to $55.36. In the past year, the shares have traded as low as $34.50 and as high as $60.31. On average, 3413160 shares of ESV exchange hands on a given day and today's volume is recorded at 2033654.

Howard Weil, the brokerage firm, has recently increased the rating on Carrizo Oil & Gas (CRZO). They upped the rating from Market Perform to Market 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 $50 per share by the brokerage firm. Shares of CRZO traded higher by 4.0% or $1.4/share to $36.41. In the past year, the shares have traded as low as $14.81 and as high as $40.87. On average, 796947 shares of CRZO exchange hands on a given day and today's volume is recorded at 621538.

Weyerhaeuser (WY) recently had their rating changed from Underperform to Neutral. DA Davidson 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. Shares of WY fell by 1.53% or $-0.33/share to $21.2. In the past year, the shares have traded as low as $15.06 and as high as $42.80. On average, 5431200 shares of WY exchange hands on a given day and today's volume is recorded at 2528158.