Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, June 8, 2011

Upgrades and Downgrades for Today: (SPWRA), (CBRL), (NE), (TLVT), (CNQR)

Sunpower (SPWRA) recently had their rating changed from Hold to Underperform. Needham 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 SPWRA traded higher by 0.38% or $0.08/share to $21.03. In the past year, the shares have traded as low as $9.61 and as high as $22.60. On average, 3104750 shares of SPWRA exchange hands on a given day and today's volume is recorded at 2897886.

Argus, the brokerage firm, has recently changed the rating on Cracker Barrel (CBRL). 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 CBRL fell by 0.09% or $-0.04/share to $44.63. In the past year, the shares have traded as low as $43.65 and as high as $57.79. On average, 352991 shares of CBRL exchange hands on a given day and today's volume is recorded at 299545.

Noble Corp (NE) is currently being analyzed by the brokerage firm Dahlman Rose. They have just increased 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. The target price is currently set at $48 per share by the brokerage firm. Shares of NE traded higher by 0.51% or $0.2/share to $39.65. In the past year, the shares have traded as low as $26.23 and as high as $46.72. On average, 3906520 shares of NE exchange hands on a given day and today's volume is recorded at 1647799.

Telvent (TLVT) is currently being analyzed by the brokerage firm Wedbush. They have just decreased their rating from Outperform to Neutral. 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. The target price is currently set at $40 per share by the brokerage firm. Shares of TLVT traded higher by 0.18% or $0.07/share to $39.82. In the past year, the shares have traded as low as $16.57 and as high as $33.37. On average, 348620 shares of TLVT exchange hands on a given day and today's volume is recorded at 420897.

Needham, the brokerage firm, has recently increased the rating on Concur Tech (CNQR). 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. Shares of CNQR fell by 0.21% or $-0.1/share to $46.91. In the past year, the shares have traded as low as $39.94 and as high as $58.19. On average, 492763 shares of CNQR exchange hands on a given day and today's volume is recorded at 260222.