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Tuesday, August 2, 2011

Stock Market Up and Down-Grades: (CPT), (TEVA), (PCH), (AGP), (TRLG)

FBR Capital, the brokerage firm, has recently changed the rating on Camden Property (CPT). They upped the rating from Underperform to Mkt Perform. 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 $70 per share by the brokerage firm. Shares of CPT fell by 1.74% or $-1.17/share to $66.07. In the past year, the shares have traded as low as $42.74 and as high as $69.48. On average, 646847 shares of CPT exchange hands on a given day and today's volume is recorded at 460687.

Oppenheimer, the brokerage firm, has recently changed the rating on Teva Pharma (TEVA). They lowered the rating from Outperform to Perform. 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 TEVA fell by 3.07% or $-1.345/share to $42.42. In the past year, the shares have traded as low as $43.00 and as high as $57.08. On average, 5540800 shares of TEVA exchange hands on a given day and today's volume is recorded at 9811636.

Potlatch (PCH) is currently being analyzed by the brokerage firm DA Davidson. 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. The target price is currently set at $38 per share by the brokerage firm. Shares of PCH traded higher by 0.92% or $0.3/share to $33.04. In the past year, the shares have traded as low as $31.33 and as high as $40.93. On average, 257523 shares of PCH exchange hands on a given day and today's volume is recorded at 280446.

Amerigroup (AGP) recently had their rating changed from Hold to Buy. Stifel Nicolaus 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 $62 per share by the brokerage firm. Shares of AGP traded higher by 4.35% or $2.09/share to $50.15. In the past year, the shares have traded as low as $35.81 and as high as $75.74. On average, 1266270 shares of AGP exchange hands on a given day and today's volume is recorded at 3641275.

True Religion (TRLG) is currently being analyzed by the brokerage firm Standpoint Research. They have just decreased 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 TRLG fell by 2.08% or $-0.7/share to $33.01. In the past year, the shares have traded as low as $17.50 and as high as $34.70. On average, 425409 shares of TRLG exchange hands on a given day and today's volume is recorded at 779749.