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Thursday, September 8, 2011

Stock Upgrades and Downgrades: (CSCO), (ASTE), (JNPR), (XOM), (ENP)

Cisco Systems (CSCO) is currently being analyzed by the brokerage firm Auriga. They have just changed 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 $20 per share by the brokerage firm. Shares of CSCO traded higher by 2.46% or $0.39/share to $16.27. In the past year, the shares have traded as low as $13.30 and as high as $24.60. On average, 74385200 shares of CSCO exchange hands on a given day and today's volume is recorded at 69970816.

Astec Industries (ASTE) is currently being analyzed by the brokerage firm Canaccord Genuity. They have just changed 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 $40 per share by the brokerage firm. Shares of ASTE traded higher by 0.91% or $0.31/share to $34.35. In the past year, the shares have traded as low as $26.33 and as high as $39.97. On average, 115848 shares of ASTE exchange hands on a given day and today's volume is recorded at 108978.

Juniper Networks (JNPR) recently had their rating changed from Hold to Buy. Auriga 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 $26 per share by the brokerage firm. Shares of JNPR traded higher by 0.28% or $0.06/share to $21.60. In the past year, the shares have traded as low as $19.37 and as high as $45.01. On average, 11435400 shares of JNPR exchange hands on a given day and today's volume is recorded at 5970522.

UBS, the brokerage firm, has recently changed the rating on Exxon Mobil (XOM). 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 $90 per share by the brokerage firm. Shares of XOM fell by 0.37% or $-0.27/share to $73.38. In the past year, the shares have traded as low as $60.36 and as high as $88.23. On average, 24862000 shares of XOM exchange hands on a given day and today's volume is recorded at 13295097.

Encore Energy (ENP) 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 $22 per share by the brokerage firm. Shares of ENP traded higher by 0.56% or $0.11/share to $19.65. In the past year, the shares have traded as low as $15.10 and as high as $25.48. On average, 182905 shares of ENP exchange hands on a given day and today's volume is recorded at 221918.