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Tuesday, October 25, 2011

Analyst Upgrades and Downgrades​: (FRX), (HUBG), (HTLF), (RGLD), (FN)

Forest Labs (FRX) is currently being analyzed by the brokerage firm Argus. They have just changed 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 FRX fell by 2.25% or $-0.71/share to $30.91. In the past year, the shares have traded as low as $29.72 and as high as $40.52. On average, 3528070 shares of FRX exchange hands on a given day and today's volume is recorded at 1584680.

Robert W. Baird, the brokerage firm, has recently changed the rating on Hub Group (HUBG). They lowered the rating from Outperform 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 $36 per share by the brokerage firm. Shares of HUBG fell by 10.64% or $-3.67/share to $30.83. In the past year, the shares have traded as low as $25.77 and as high as $40.86. On average, 338900 shares of HUBG exchange hands on a given day and today's volume is recorded at 1203539.

Heartland Finl (HTLF) is currently being analyzed by the brokerage firm Stifel Nicolaus. 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 HTLF fell by 9.6% or $-1.63/share to $15.35. In the past year, the shares have traded as low as $12.21 and as high as $18.50. On average, 31612 shares of HTLF exchange hands on a given day and today's volume is recorded at 14021.

HSBC Securities, the brokerage firm, has recently increased the rating on Royal Gold (RGLD). 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. The target price is currently set at $89 per share by the brokerage firm. Shares of RGLD traded higher by 2.71% or $1.83/share to $69.26. In the past year, the shares have traded as low as $45.37 and as high as $83.87. On average, 1073730 shares of RGLD exchange hands on a given day and today's volume is recorded at 857246.

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Fabrinet (FN). 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 FN fell by 22.74% or $-3.59/share to $12.20. In the past year, the shares have traded as low as $12.69 and as high as $32.91. On average, 245498 shares of FN exchange hands on a given day and today's volume is recorded at 913069.