Stock Market Up and Down-Grades: (LO)

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Lorillard (LO). They upped the rating from Hold to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $122 per share by the brokerage firm. Shares of LO traded higher by 0.71% or $0.75/share to $106.37. In the past year, the shares have traded as low as $72.40 and as high as $116.90. On average, 1898250 shares of LO exchange hands on a given day and today's volume is recorded at 968615.