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Thursday, August 4, 2011

Stock Market Up and Down-Grades: (NXTM), (EE), (S), (FIRE), (LHCG)

Rodman & Renshaw, the brokerage firm, has recently changed the rating on Nxstage Medical (NXTM). They upped the rating from Mkt 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. Shares of NXTM fell by 1.56% or $-0.3/share to $18.97. In the past year, the shares have traded as low as $14.63 and as high as $27.12. On average, 643766 shares of NXTM exchange hands on a given day and today's volume is recorded at 812245.

El Paso Electric (EE) is currently being analyzed by the brokerage firm Ticonderoga. They have just changed their rating from Buy to Neutral. 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 EE fell by 1.31% or $-0.45/share to $33.79. In the past year, the shares have traded as low as $22.02 and as high as $35.03. On average, 318166 shares of EE exchange hands on a given day and today's volume is recorded at 478531.

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Sprint Nextel (S). They upped the rating from Sell to Hold. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. Shares of S fell by 7.51% or $-0.3118/share to $3.84. In the past year, the shares have traded as low as $3.70 and as high as $6.45. On average, 54976400 shares of S exchange hands on a given day and today's volume is recorded at 70341984.

UBS, the brokerage firm, has recently increased the rating on Sourcefire (FIRE). They upped the rating from Neutral 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 $32 per share by the brokerage firm. Shares of FIRE traded higher by 9.04% or $2.19/share to $26.42. In the past year, the shares have traded as low as $19.68 and as high as $32.79. On average, 425517 shares of FIRE exchange hands on a given day and today's volume is recorded at 1179906.

LHC Group (LHCG) recently had their rating changed from Underperform to Neutral. Robert W. Baird 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 $20 per share by the brokerage firm. Shares of LHCG traded higher by 10.91% or $2.27/share to $23.08. In the past year, the shares have traded as low as $18.92 and as high as $31.69. On average, 174415 shares of LHCG exchange hands on a given day and today's volume is recorded at 461131.