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Tuesday, September 6, 2011

Stock Market Up and Down-Grades: (ENR), (NOV), (NKE), (UMC), (SPIL )

Energizer (ENR) is currently being analyzed by the brokerage firm Standpoint Research. 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 $85 per share by the brokerage firm. Shares of ENR fell by 1.52% or $-1.1/share to $71.50. In the past year, the shares have traded as low as $61.60 and as high as $84.94. On average, 693632 shares of ENR exchange hands on a given day and today's volume is recorded at 477763.

Natl Oilwell Varco (NOV) recently had their rating increased from Hold to Buy. Argus 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 $90 per share by the brokerage firm. Shares of NOV fell by 1.52% or $-0.97/share to $62.67. In the past year, the shares have traded as low as $39.29 and as high as $86.71. On average, 4735470 shares of NOV exchange hands on a given day and today's volume is recorded at 2174207.

HSBC Securities, the brokerage firm, has recently decreased the rating on Nike (NKE). They lowered the rating from Overweight 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 $96 per share by the brokerage firm. Shares of NKE fell by 0.8% or $-0.67/share to $83.37. In the past year, the shares have traded as low as $69.43 and as high as $94.23. On average, 3584950 shares of NKE exchange hands on a given day and today's volume is recorded at 1567055.

United Micro (UMC) is currently being analyzed by the brokerage firm HSBC Securities. They have just increased their rating from Neutral to Overweight. 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. Shares of UMC fell by 2.58% or $-0.05/share to $1.89. In the past year, the shares have traded as low as $1.79 and as high as $3.52. On average, 3681130 shares of UMC exchange hands on a given day and today's volume is recorded at 4491747.

HSBC Securities, the brokerage firm, has recently changed the rating on Siliconware Precision (SPIL ). They upped the rating from Neutral to Overweight. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock.