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Thursday, July 21, 2011

Analyst Upgrades and Downgrades: (ICGN), (RHI), (ALTH), (CLX), (RVBD)

MLV Capital, the brokerage firm, has recently changed the rating on Icagen (ICGN). 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 ICGN traded higher by 0.17% or $0.01/share to $5.97. In the past year, the shares have traded as low as $0.96 and as high as $8.40. On average, 516757 shares of ICGN exchange hands on a given day and today's volume is recorded at 366705.

Robert Half (RHI) is currently being analyzed by the brokerage firm Robert W. Baird. They have just changed their rating from Neutral 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 $35 per share by the brokerage firm. Shares of RHI traded higher by 16.5% or $4.26/share to $30.08. In the past year, the shares have traded as low as $21.16 and as high as $34.26. On average, 1647800 shares of RHI exchange hands on a given day and today's volume is recorded at 3890408.

Allos Therapeutics (ALTH) is currently being analyzed by the brokerage firm JMP Securities. They have just changed their rating from Mkt Outperform to Mkt Perform. 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 ALTH fell by 3.87% or $-0.075/share to $1.86. In the past year, the shares have traded as low as $1.84 and as high as $5.97. On average, 1568680 shares of ALTH exchange hands on a given day and today's volume is recorded at 3260434.

RBC Capital Mkts, the brokerage firm, has recently decreased the rating on Clorox (CLX). They lowered the rating from Outperform to Sector Perform. 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 $73 per share by the brokerage firm. Shares of CLX traded higher by 0.39% or $0.29/share to $74.63. In the past year, the shares have traded as low as $60.56 and as high as $75.44. On average, 1579490 shares of CLX exchange hands on a given day and today's volume is recorded at 860780.

Riverbed Technology (RVBD) recently had their rating increased from Hold to Buy. Wunderlich 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 $42 per share by the brokerage firm. Shares of RVBD fell by 2.09% or $-0.67/share to $31.38. In the past year, the shares have traded as low as $14.96 and as high as $44.70. On average, 4854180 shares of RVBD exchange hands on a given day and today's volume is recorded at 7117595.