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Tuesday, July 12, 2011

Downgrades: (RADS), (PEGA), (CLNE), (ALU), (HSFT)

Radiant Systems (RADS) is currently being analyzed by the brokerage firm Wedbush. They have just decreased their rating from Outperform to Neutral. 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 $28 per share by the brokerage firm. Shares of RADS traded higher by 30.54% or $6.55/share to $28.00. In the past year, the shares have traded as low as $13.06 and as high as $20.96. On average, 337181 shares of RADS exchange hands on a given day and today's volume is recorded at 34941976.

Pegasystems (PEGA) recently had their rating changed from Buy to Hold. Canaccord Genuity 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 PEGA fell by 1.99% or $-0.91/share to $44.72. In the past year, the shares have traded as low as $20.36 and as high as $47.14. On average, 200114 shares of PEGA exchange hands on a given day and today's volume is recorded at 233945.

Clean Energy Fuels (CLNE) recently had their rating increased from Market Perform to Outperform. Northland Securities 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. Shares of CLNE traded higher by 16.01% or $2.1004/share to $15.22. In the past year, the shares have traded as low as $11.75 and as high as $19.36. On average, 1385610 shares of CLNE exchange hands on a given day and today's volume is recorded at 5607705.

Deutsche Bank, the brokerage firm, has recently decreased the rating on Alcatel-Lucent (ALU). 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 ALU fell by 2.87% or $-0.16/share to $5.42. In the past year, the shares have traded as low as $2.39 and as high as $6.63. On average, 28055600 shares of ALU exchange hands on a given day and today's volume is recorded at 22257104.

HiSoft Tech (HSFT) is currently being analyzed by the brokerage firm UBS. 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. Shares of HSFT traded higher by 3.26% or $0.47/share to $14.89. In the past year, the shares have traded as low as $9.98 and as high as $34.00. On average, 286650 shares of HSFT exchange hands on a given day and today's volume is recorded at 131544.