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Friday, October 14, 2011

Investment Firm Upgrades and Downgrades: (NSC), (HRS), (RA)

Norfolk Southern (NSC) is currently being analyzed by the brokerage firm BB&T Capital Mkts. 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 NSC traded higher by 0.84% or $0.56/share to $67.60. In the past year, the shares have traded as low as $57.91 and as high as $78.40. On average, 3412780 shares of NSC exchange hands on a given day and today's volume is recorded at 996157.

Harris (HRS) recently had their rating decreased from Outperform to Perform. Oppenheimer 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 HRS traded higher by 1.0% or $0.36/share to $36.53. In the past year, the shares have traded as low as $33.23 and as high as $53.39. On average, 1612520 shares of HRS exchange hands on a given day and today's volume is recorded at 537303.

RailAmerica (RA) recently had their rating decreased from Buy to Hold. Stifel Nicolaus 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 RA fell by 5.62% or $-0.83/share to $13.95. In the past year, the shares have traded as low as $10.05 and as high as $17.34. On average, 159086 shares of RA exchange hands on a given day and today's volume is recorded at 145388.