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Monday, August 8, 2011

Analyst Upgrades and Downgrades: (NTAP), (SPWRA), (ATML), (VE), (TDG)

NetApp (NTAP) recently had their rating increased from Hold to Buy. Auriga 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 $57 per share by the brokerage firm. Shares of NTAP fell by 5.11% or $-2.14/share to $39.73. In the past year, the shares have traded as low as $37.04 and as high as $61.02. On average, 6027800 shares of NTAP exchange hands on a given day and today's volume is recorded at 9075076.

Sunpower (SPWRA) is currently being analyzed by the brokerage firm Brigantine. They have just changed their rating from Hold to Sell. 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 $11 per share by the brokerage firm. Shares of SPWRA fell by 8.55% or $-1.46/share to $15.62. In the past year, the shares have traded as low as $9.61 and as high as $23.36. On average, 1866420 shares of SPWRA exchange hands on a given day and today's volume is recorded at 662593.

Atmel (ATML) is currently being analyzed by the brokerage firm FBR Capital. They have just increased their rating from Mkt Perform 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 $17 per share by the brokerage firm. Shares of ATML fell by 5.09% or $-0.501/share to $9.34. In the past year, the shares have traded as low as $5.40 and as high as $16.80. On average, 7360220 shares of ATML exchange hands on a given day and today's volume is recorded at 10942049.

Veolia Environnement (VE) is currently being analyzed by the brokerage firm Brean Murray. 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 VE fell by 11.6% or $-1.855/share to $14.14. In the past year, the shares have traded as low as $15.40 and as high as $33.86. On average, 536047 shares of VE exchange hands on a given day and today's volume is recorded at 1310912.

Transdigm Group (TDG) is currently being analyzed by the brokerage firm KeyBanc Capital Mkts. They have just increased their rating from Hold 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 $95 per share by the brokerage firm. Shares of TDG fell by 2.61% or $-2.32/share to $86.73. In the past year, the shares have traded as low as $54.55 and as high as $95.04. On average, 269044 shares of TDG exchange hands on a given day and today's volume is recorded at 205495.