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Wednesday, June 8, 2011

Upgrades and Downgrades of the Day: (BOBE), (S), (AFFX), (COG), (GIII)

Bob Evans (BOBE) is currently being analyzed by the brokerage firm Miller Tabak. 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. The target price is currently set at $35 per share by the brokerage firm. Shares of BOBE traded higher by 9.62% or $2.84/share to $32.36. In the past year, the shares have traded as low as $23.10 and as high as $34.86. On average, 153508 shares of BOBE exchange hands on a given day and today's volume is recorded at 538452.

Sprint Nextel (S) is currently being analyzed by the brokerage firm Stifel Nicolaus. They have just changed their rating from Hold to Sell. 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 $4 per share by the brokerage firm. Shares of S fell by 1.55% or $-0.085/share to $5.405. In the past year, the shares have traded as low as $3.70 and as high as $5.96. On average, 64443400 shares of S exchange hands on a given day and today's volume is recorded at 29064780.

Affymetrix (AFFX) 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 $11 per share by the brokerage firm. Shares of AFFX fell by 0.98% or $-0.07/share to $7.09. In the past year, the shares have traded as low as $3.75 and as high as $7.44. On average, 1194780 shares of AFFX exchange hands on a given day and today's volume is recorded at 1566323.

Cabot Oil & Gas (COG) recently had their rating changed from Hold to Buy. Canaccord Genuity 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 $85 per share by the brokerage firm. Shares of COG traded higher by 6.24% or $3.49/share to $59.4. In the past year, the shares have traded as low as $26.62 and as high as $58.27. On average, 1576780 shares of COG exchange hands on a given day and today's volume is recorded at 2634073.

G-III Apparel (GIII) is currently being analyzed by the brokerage firm KeyBanc Capital Mkts. 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 $42 per share by the brokerage firm. Shares of GIII fell by 1.85% or $-0.63/share to $33.35. In the past year, the shares have traded as low as $20.99 and as high as $45.38. On average, 145433 shares of GIII exchange hands on a given day and today's volume is recorded at 236709.