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Thursday, August 11, 2011

Stock Upgrades and Downgrades: (FWRD), (CVX), (CSCO), (EPOC), (TXN)

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Forward Air (FWRD). 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 $35 per share by the brokerage firm. Shares of FWRD traded higher by 7.99% or $1.97/share to $26.62. In the past year, the shares have traded as low as $22.39 and as high as $36.32. On average, 186363 shares of FWRD exchange hands on a given day and today's volume is recorded at 168149.

Chevron (CVX) recently had their rating increased from Perform to Outperform. Oppenheimer 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 $110 per share by the brokerage firm. Shares of CVX fell by 1.83% or $-1.93/share to $103.45. In the past year, the shares have traded as low as $72.57 and as high as $109.94. On average, 7784530 shares of CVX exchange hands on a given day and today's volume is recorded at 10172751.

Cisco Systems (CSCO) is currently being analyzed by the brokerage firm Stifel Nicolaus. 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 $17 per share by the brokerage firm. Shares of CSCO traded higher by 16.68% or $2.2898/share to $16.02. In the past year, the shares have traded as low as $13.30 and as high as $24.60. On average, 75143400 shares of CSCO exchange hands on a given day and today's volume is recorded at 223988864.

Morgan Keegan, the brokerage firm, has recently increased the rating on Epocrates (EPOC). They upped the rating from Mkt Perform to Outperform. 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 $18 per share by the brokerage firm. Shares of EPOC traded higher by 8.49% or $0.84/share to $10.73. In the past year, the shares have traded as low as $7.51 and as high as $30.24. On average, 109431 shares of EPOC exchange hands on a given day and today's volume is recorded at 595660.

Texas Instruments (TXN) recently had their rating changed from Buy to Neutral. Longbow is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock. The share prices may fall because of this action. Analysts believe that the company's share price may begin to fall. Shares of TXN traded higher by 3.62% or $0.96/share to $27.46. In the past year, the shares have traded as low as $22.95 and as high as $36.71. On average, 11166700 shares of TXN exchange hands on a given day and today's volume is recorded at 12750537.