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Thursday, September 15, 2011

Brokerage House Upgrades and Downgrades: (SEED), (UNP), (CHSP), (AMAT), (PEB)

Origin Agritech (SEED) is currently being analyzed by the brokerage firm Rodman & Renshaw. They have just changed their rating from Mkt Outperform to Mkt Perform. 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 SEED fell by 5.18% or $-0.13/share to $2.38. In the past year, the shares have traded as low as $2.10 and as high as $11.86. On average, 224658 shares of SEED exchange hands on a given day and today's volume is recorded at 237236.

Union Pacific (UNP) is currently being analyzed by the brokerage firm UBS. 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 $110 per share by the brokerage firm. Shares of UNP traded higher by 2.29% or $2.03/share to $90.79. In the past year, the shares have traded as low as $78.45 and as high as $107.89. On average, 3469970 shares of UNP exchange hands on a given day and today's volume is recorded at 2366750.

RBC Capital Mkts, the brokerage firm, has recently changed the rating on Chesapeake Lodging Trust (CHSP). They lowered the rating from Outperform to Sector 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. The target price is currently set at $15 per share by the brokerage firm. Shares of CHSP fell by 3.82% or $-0.47/share to $11.84. In the past year, the shares have traded as low as $11.59 and as high as $20.22. On average, 191494 shares of CHSP exchange hands on a given day and today's volume is recorded at 164218.

Oppenheimer, the brokerage firm, has recently changed the rating on Applied Materials (AMAT). They upped the rating from 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 $16 per share by the brokerage firm. Shares of AMAT traded higher by 3.73% or $0.42/share to $11.66. In the past year, the shares have traded as low as $10.50 and as high as $16.93. On average, 18065600 shares of AMAT exchange hands on a given day and today's volume is recorded at 15497645.

Pebblebrook Hotel Trust (PEB) recently had their rating changed from Sector Perform to Outperform. RBC Capital Mkts 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 $19 per share by the brokerage firm. Shares of PEB traded higher by 4.97% or $0.72/share to $15.22. In the past year, the shares have traded as low as $14.05 and as high as $22.47. On average, 478975 shares of PEB exchange hands on a given day and today's volume is recorded at 860142.