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Friday, July 8, 2011

Brokerage House Upgrades and Downgrades: (TJX), (ARX), (SFG), (WFR), (PXD)

TJX (TJX) is currently being analyzed by the brokerage firm Ticonderoga. They have just changed 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 $65 per share by the brokerage firm. Shares of TJX traded higher by 0.22% or $0.12/share to $55.11. In the past year, the shares have traded as low as $39.56 and as high as $55.80. On average, 3123820 shares of TJX exchange hands on a given day and today's volume is recorded at 2349916.

Aeroflex (ARX) is currently being analyzed by the brokerage firm Needham. They have just changed 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 ARX fell by 16.69% or $-3.12/share to $15.57. In the past year, the shares have traded as low as $12.60 and as high as $20.36. On average, 161522 shares of ARX exchange hands on a given day and today's volume is recorded at 1483718.

Wunderlich, the brokerage firm, has recently decreased the rating on StanCorp Fin (SFG). 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. The target price is currently set at $47 per share by the brokerage firm. Shares of SFG fell by 2.9% or $-1.25/share to $41.80. In the past year, the shares have traded as low as $35.27 and as high as $48.87. On average, 272603 shares of SFG exchange hands on a given day and today's volume is recorded at 175763.

MEMC Elec (WFR) recently had their rating decreased from Buy to Neutral. Ticonderoga 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 WFR fell by 2.56% or $-0.21/share to $8.00. In the past year, the shares have traded as low as $9.19 and as high as $15.04. On average, 6061440 shares of WFR exchange hands on a given day and today's volume is recorded at 3846704.

Pioneer Natural Resources (PXD) recently had their rating changed from Hold to Buy. Stifel Nicolaus 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 $110 per share by the brokerage firm. Shares of PXD fell by 1.61% or $-1.49/share to $91.02. In the past year, the shares have traded as low as $54.89 and as high as $106.07. On average, 1659830 shares of PXD exchange hands on a given day and today's volume is recorded at 836069.