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Friday, July 29, 2011

Analyst Upgrades and Downgrades: (EVEP), (ISTA), (NVTL), (CWEI), (CTCT)

EV Energy (EVEP) is currently being analyzed by the brokerage firm Oppenheimer. They have just increased their rating from Perform to Outperform. 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 $85 per share by the brokerage firm. Shares of EVEP traded higher by 12.81% or $8.18/share to $72.05. In the past year, the shares have traded as low as $31.68 and as high as $66.40. On average, 327589 shares of EVEP exchange hands on a given day and today's volume is recorded at 1138649.

ISTA Pharm (ISTA) is currently being analyzed by the brokerage firm Stifel Nicolaus. They have just decreased their rating from Buy to Hold. 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. Shares of ISTA fell by 30.83% or $-2.22/share to $4.98. In the past year, the shares have traded as low as $2.66 and as high as $11.39. On average, 636144 shares of ISTA exchange hands on a given day and today's volume is recorded at 1339234.

Novatel Wireless (NVTL) recently had their rating increased from Hold to Buy. Brigantine 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 $6 per share by the brokerage firm. Shares of NVTL traded higher by 1.38% or $0.07/share to $5.16. In the past year, the shares have traded as low as $4.77 and as high as $11.53. On average, 527594 shares of NVTL exchange hands on a given day and today's volume is recorded at 376584.

Global Hunter Securities, the brokerage firm, has recently decreased the rating on Clayton Williams (CWEI). They lowered the rating from Buy to Neutral. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. The target price is currently set at $99 per share by the brokerage firm. Shares of CWEI fell by 0.89% or $-0.6/share to $66.51. In the past year, the shares have traded as low as $41.55 and as high as $109.45. On average, 138538 shares of CWEI exchange hands on a given day and today's volume is recorded at 105236.

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Constant Contact (CTCT). 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 CTCT fell by 10.37% or $-2.17/share to $18.75. In the past year, the shares have traded as low as $16.75 and as high as $36.33. On average, 510562 shares of CTCT exchange hands on a given day and today's volume is recorded at 2974532.