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Wednesday, October 12, 2011

Analyst Upgrades and Downgrades: (WTI), (TAT), (VQ), (CRR), (CRK)

Global Hunter Securities, the brokerage firm, has recently changed the rating on W&T Offshore (WTI). They upped the rating from Accumulate to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. Shares of WTI traded higher by 16.11% or $2.4/share to $17.30. In the past year, the shares have traded as low as $10.50 and as high as $29.27. On average, 794937 shares of WTI exchange hands on a given day and today's volume is recorded at 829852.

TransAtlantic Petroleum (TAT) is currently being analyzed by the brokerage firm Global Hunter Securities. They have just changed their rating from Buy to Accumulate. 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 TAT fell by 0.54% or $-0.0043/share to $0.80. In the past year, the shares have traded as low as $0.70 and as high as $3.59. On average, 1531270 shares of TAT exchange hands on a given day and today's volume is recorded at 558234.

Global Hunter Securities, the brokerage firm, has recently changed the rating on Venoco (VQ). They lowered the rating from Buy to Accumulate. 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 VQ traded higher by 2.74% or $0.23/share to $8.63. In the past year, the shares have traded as low as $7.97 and as high as $22.46. On average, 583166 shares of VQ exchange hands on a given day and today's volume is recorded at 204021.

Morgan Keegan, the brokerage firm, has recently increased the rating on Carbo Ceramics (CRR). They upped the rating from Mkt Perform to Outperform. 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 $142 per share by the brokerage firm. Shares of CRR traded higher by 3.35% or $3.84/share to $118.52. In the past year, the shares have traded as low as $76.35 and as high as $183.34. On average, 574909 shares of CRR exchange hands on a given day and today's volume is recorded at 589483.

Comstock (CRK) recently had their rating changed from Buy to Accumulate. Global Hunter Securities 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 CRK traded higher by 2.74% or $0.47/share to $17.62. In the past year, the shares have traded as low as $14.11 and as high as $33.63. On average, 1292020 shares of CRK exchange hands on a given day and today's volume is recorded at 483380.