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Thursday, June 23, 2011

Upgrades and Downgrades for Today: (ISS), (DISCA), (GEVO), (DECK), (SGNT)

iSoftStone (ISS) recently had their rating changed from Neutral to Buy. UBS 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 $21 per share by the brokerage firm. Shares of ISS traded higher by 4.78% or $0.57/share to $12.50. In the past year, the shares have traded as low as $14.45 and as high as $22.63. On average, 283825 shares of ISS exchange hands on a given day and today's volume is recorded at 153914.

Discovery (DISCA) recently had their rating changed from Buy to Neutral. UBS 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. Shares of DISCA fell by 3.05% or $-1.27/share to $40.42. In the past year, the shares have traded as low as $34.70 and as high as $45.81. On average, 1584470 shares of DISCA exchange hands on a given day and today's volume is recorded at 1321798.

Gevo (GEVO) is currently being analyzed by the brokerage firm UBS. They have just increased their rating from Neutral to Buy. 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 $21 per share by the brokerage firm. Shares of GEVO traded higher by 4.21% or $0.57/share to $14.11. In the past year, the shares have traded as low as $12.79 and as high as $26.36. On average, 118209 shares of GEVO exchange hands on a given day and today's volume is recorded at 205155.

Deckers Outdoor (DECK) is currently being analyzed by the brokerage firm BB&T Capital Mkts. They have just changed their rating from Hold to Buy. 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 DECK traded higher by 2.25% or $1.85/share to $83.94. In the past year, the shares have traded as low as $42.92 and as high as $97.00. On average, 1013710 shares of DECK exchange hands on a given day and today's volume is recorded at 804229.

Needham, the brokerage firm, has recently decreased the rating on Sagent Pharma (SGNT). 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 SGNT fell by 6.38% or $-1.85/share to $27.15. In the past year, the shares have traded as low as $17.98 and as high as $29.23. On average, 163686 shares of SGNT exchange hands on a given day and today's volume is recorded at 77683.