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Thursday, October 6, 2011

Investment Firm Upgrades and Downgrades: (GWW), (WWW), (WES), (FRO), (PLCM)

W.W. Grainger (GWW) is currently being analyzed by the brokerage firm Robert W. Baird. They have just decreased their rating from Outperform to Neutral. 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 $159 per share by the brokerage firm. Shares of GWW traded higher by 0.21% or $0.32/share to $151.81. In the past year, the shares have traded as low as $119.60 and as high as $165.55. On average, 729862 shares of GWW exchange hands on a given day and today's volume is recorded at 498816.

Argus, the brokerage firm, has recently changed the rating on Wolverine (WWW). They upped the rating from Hold 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 $44 per share by the brokerage firm. Shares of WWW traded higher by 5.71% or $2.07/share to $38.31. In the past year, the shares have traded as low as $28.49 and as high as $43.36. On average, 508362 shares of WWW exchange hands on a given day and today's volume is recorded at 447088.

Western Gas Partners (WES) is currently being analyzed by the brokerage firm Stifel Nicolaus. They have just increased 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 $37 per share by the brokerage firm. Shares of WES traded higher by 1.59% or $0.53/share to $33.87. In the past year, the shares have traded as low as $27.58 and as high as $37.48. On average, 244236 shares of WES exchange hands on a given day and today's volume is recorded at 161660.

Frontline (FRO) is currently being analyzed by the brokerage firm Dahlman Rose. They have just decreased their rating from Hold to Sell. 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 FRO fell by 3.17% or $-0.14/share to $4.28. In the past year, the shares have traded as low as $3.88 and as high as $29.17. On average, 2245840 shares of FRO exchange hands on a given day and today's volume is recorded at 1429052.

Argus, the brokerage firm, has recently changed the rating on Polycom (PLCM). They upped the rating from Hold 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 $28 per share by the brokerage firm. Shares of PLCM traded higher by 5.65% or $1.14/share to $21.31. In the past year, the shares have traded as low as $13.25 and as high as $34.30. On average, 2820730 shares of PLCM exchange hands on a given day and today's volume is recorded at 1814023.