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Tuesday, August 30, 2011

Stock Market Up and Down-Grades: (EMR), (PHM), (LDK)

Emerson (EMR) is currently being analyzed by the brokerage firm Argus. 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 EMR fell by 2.01% or $-0.94/share to $45.94. In the past year, the shares have traded as low as $41.37 and as high as $62.24. On average, 6727260 shares of EMR exchange hands on a given day and today's volume is recorded at 4292957.

PulteGroup (PHM) is currently being analyzed by the brokerage firm Ticonderoga. They have just increased 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 $6 per share by the brokerage firm. Shares of PHM traded higher by 6.71% or $0.31/share to $4.93. In the past year, the shares have traded as low as $3.40 and as high as $8.99. On average, 10053700 shares of PHM exchange hands on a given day and today's volume is recorded at 19207002.

LDK Solar (LDK) is currently being analyzed by the brokerage firm Needham. 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 LDK fell by 3.88% or $-0.24/share to $5.94. In the past year, the shares have traded as low as $4.65 and as high as $15.10. On average, 5649590 shares of LDK exchange hands on a given day and today's volume is recorded at 1859063.