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Thursday, August 4, 2011

Upgrades and Downgrades for Today: (WFR), (WFR), (DNDN), (WLT), (WLT)

MEMC Elec (WFR) recently had their rating changed from Buy to Hold. Kaufman Bros 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. The target price is currently set at $7 per share by the brokerage firm. Shares of WFR fell by 11.52% or $-0.805/share to $6.18. In the past year, the shares have traded as low as $6.82 and as high as $15.04. On average, 6444740 shares of WFR exchange hands on a given day and today's volume is recorded at 13102742.

MEMC Elec (WFR) is currently being analyzed by the brokerage firm Ardour Capital. They have just decreased their rating from Buy to Accumulate. 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. The target price is currently set at $8 per share by the brokerage firm. Shares of WFR fell by 11.52% or $-0.805/share to $6.18. In the past year, the shares have traded as low as $6.82 and as high as $15.04. On average, 6444740 shares of WFR exchange hands on a given day and today's volume is recorded at 13102742.

Collins Stewart, the brokerage firm, has recently changed the rating on Dendreon (DNDN). They lowered the rating from Buy to Neutral. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. The target price is currently set at $19 per share by the brokerage firm. Shares of DNDN fell by 65.61% or $-23.515/share to $12.32. In the past year, the shares have traded as low as $31.31 and as high as $43.96. On average, 2539830 shares of DNDN exchange hands on a given day and today's volume is recorded at 46274232.

Walter Energy (WLT) is currently being analyzed by the brokerage firm Brean Murray. 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 WLT fell by 25.81% or $-28.52/share to $81.96. In the past year, the shares have traded as low as $66.23 and as high as $143.76. On average, 2282130 shares of WLT exchange hands on a given day and today's volume is recorded at 12090613.

KeyBanc Capital Mkts, the brokerage firm, has recently decreased the rating on Walter Energy (WLT). 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 WLT fell by 25.81% or $-28.52/share to $81.96. In the past year, the shares have traded as low as $66.23 and as high as $143.76. On average, 2282130 shares of WLT exchange hands on a given day and today's volume is recorded at 12090613.