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Monday, October 3, 2011

Analyst Upgrades and Downgrades: (HSOL), (CHS), (IDA), (NWY), (KIOR)

Hanwha SolarOne (HSOL) recently had their rating decreased from Buy to Hold. Needham 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. Shares of HSOL fell by 16.6% or $-0.4/share to $2.01. In the past year, the shares have traded as low as $2.28 and as high as $13.42. On average, 928414 shares of HSOL exchange hands on a given day and today's volume is recorded at 645459.

Chico's FAS (CHS) is currently being analyzed by the brokerage firm KeyBanc Capital Mkts. 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 CHS fell by 5.07% or $-0.58/share to $10.85. In the past year, the shares have traded as low as $9.53 and as high as $16.50. On average, 3265020 shares of CHS exchange hands on a given day and today's volume is recorded at 2694959.

IdaCorp (IDA) is currently being analyzed by the brokerage firm KeyBanc Capital Mkts. 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 $41 per share by the brokerage firm. Shares of IDA traded higher by 0.32% or $0.12/share to $37.90. In the past year, the shares have traded as low as $33.88 and as high as $40.71. On average, 349966 shares of IDA exchange hands on a given day and today's volume is recorded at 472319.

New York & Co (NWY) recently had their rating changed from Buy to Hold. KeyBanc Capital Mkts 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. Shares of NWY fell by 2.19% or $-0.07/share to $3.12. In the past year, the shares have traded as low as $2.48 and as high as $7.50. On average, 212963 shares of NWY exchange hands on a given day and today's volume is recorded at 105344.

Robert W. Baird, the brokerage firm, has recently changed the rating on KiOR (KIOR). They lowered the rating from Neutral to Underperform. 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 $13 per share by the brokerage firm. Shares of KIOR fell by 6.99% or $-1.45/share to $19.29. In the past year, the shares have traded as low as $8.88 and as high as $23.85. On average, 168068 shares of KIOR exchange hands on a given day and today's volume is recorded at 106784.