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Friday, July 15, 2011

Brokerage House Upgrades and Downgrades: (OZRK), (IPAR), (OZRK)

Bank of the Ozarks (OZRK) recently had their rating changed from Mkt Outperform to Mkt Perform. Rodman & Renshaw 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 OZRK traded higher by 0.44% or $0.23/share to $52.56. In the past year, the shares have traded as low as $34.75 and as high as $55.42. On average, 92019 shares of OZRK exchange hands on a given day and today's volume is recorded at 74840.

Inter Parfums (IPAR) is currently being analyzed by the brokerage firm Caris & Company. They have just changed their rating from Buy to Average. 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 IPAR fell by 3.69% or $-0.89/share to $23.25. In the past year, the shares have traded as low as $14.10 and as high as $24.80. On average, 177773 shares of IPAR exchange hands on a given day and today's volume is recorded at 166147.

Bank of the Ozarks (OZRK) recently had their rating changed from Buy to Hold. Stifel Nicolaus 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 OZRK traded higher by 0.44% or $0.23/share to $52.56. In the past year, the shares have traded as low as $34.75 and as high as $55.42. On average, 92019 shares of OZRK exchange hands on a given day and today's volume is recorded at 74840.