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Thursday, October 13, 2011

Analyst Upgrades and Downgrades: (INTC), (MERC), (BRCM), (WSM), (GR)

Intel (INTC) recently had their rating decreased from Positive to Neutral. Avian 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 INTC traded higher by 0.87% or $0.2/share to $23.32. In the past year, the shares have traded as low as $18.77 and as high as $23.96. On average, 62453500 shares of INTC exchange hands on a given day and today's volume is recorded at 34695744.

RBC Capital Mkts, the brokerage firm, has recently decreased the rating on Mercer Intl (MERC). 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 $9 per share by the brokerage firm. Shares of MERC fell by 8.67% or $-0.64/share to $6.74. In the past year, the shares have traded as low as $5.04 and as high as $15.27. On average, 320760 shares of MERC exchange hands on a given day and today's volume is recorded at 317222.

Broadcom (BRCM) recently had their rating increased from Neutral to Outperform. Robert W. Baird 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 $46 per share by the brokerage firm. Shares of BRCM traded higher by 2.21% or $0.8/share to $36.99. In the past year, the shares have traded as low as $30.71 and as high as $47.39. On average, 9216820 shares of BRCM exchange hands on a given day and today's volume is recorded at 5251496.

Williams-Sonoma (WSM) recently had their rating changed from Hold to Buy. BB&T 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. Shares of WSM traded higher by 5.22% or $1.75/share to $35.25. In the past year, the shares have traded as low as $27.90 and as high as $45.48. On average, 2056510 shares of WSM exchange hands on a given day and today's volume is recorded at 1949076.

Goodrich (GR) is currently being analyzed by the brokerage firm RBC Capital Mkts. They have just decreased their rating from Outperform to Sector 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. The target price is currently set at $127 per share by the brokerage firm. Shares of GR traded higher by 0.08% or $0.1/share to $120.70. In the past year, the shares have traded as low as $75.53 and as high as $122.33. On average, 3443290 shares of GR exchange hands on a given day and today's volume is recorded at 2340102.