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Friday, August 5, 2011

Brokerage House Upgrades and Downgrades: (RIG), (HMA), (CNI), (PAA), (JBHT)

Global Hunter Securities, the brokerage firm, has recently changed the rating on Transocean (RIG). They upped the rating from Neutral to Accumulate. 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 $63 per share by the brokerage firm. Shares of RIG traded higher by 2.76% or $1.49/share to $55.47. In the past year, the shares have traded as low as $49.74 and as high as $85.98. On average, 4478590 shares of RIG exchange hands on a given day and today's volume is recorded at 5990047.

Argus, the brokerage firm, has recently changed the rating on Health Management (HMA). 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 HMA fell by 0.75% or $-0.06/share to $7.91. In the past year, the shares have traded as low as $6.13 and as high as $11.74. On average, 3484760 shares of HMA exchange hands on a given day and today's volume is recorded at 3139403.

Stifel Nicolaus, the brokerage firm, has recently increased the rating on Canadian Natl Rail (CNI). 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 $88 per share by the brokerage firm. Shares of CNI traded higher by 1.89% or $1.33/share to $71.86. In the past year, the shares have traded as low as $57.93 and as high as $81.26. On average, 840971 shares of CNI exchange hands on a given day and today's volume is recorded at 1387169.

Plains All Amer (PAA) recently had their rating increased from Mkt Perform to Outperform. Morgan Keegan 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 $69 per share by the brokerage firm. Shares of PAA traded higher by 2.06% or $1.26/share to $62.55. In the past year, the shares have traded as low as $57.80 and as high as $65.96. On average, 405015 shares of PAA exchange hands on a given day and today's volume is recorded at 692759.

Stifel Nicolaus, the brokerage firm, has recently increased the rating on JB Hunt Trans (JBHT). 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 $52 per share by the brokerage firm. Shares of JBHT traded higher by 4.1% or $1.695/share to $43.08. In the past year, the shares have traded as low as $32.05 and as high as $49.12. On average, 851718 shares of JBHT exchange hands on a given day and today's volume is recorded at 1552279.