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Thursday, October 27, 2011

Investment Firm Upgrades and Downgrades​: (CMO), (OSTK), (CVX), (V), (USB)

Capstead Mortgage (CMO) recently had their rating decreased from Buy to Hold. Wunderlich 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 CMO fell by 0.98% or $-0.1207/share to $12.19. In the past year, the shares have traded as low as $10.00 and as high as $13.95. On average, 1549680 shares of CMO exchange hands on a given day and today's volume is recorded at 1297646.

Overstock.com (OSTK) is currently being analyzed by the brokerage firm The Benchmark Company. 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. The target price is currently set at $11 per share by the brokerage firm. Shares of OSTK traded higher by 0.53% or $0.05/share to $9.54. In the past year, the shares have traded as low as $8.89 and as high as $17.69. On average, 94846 shares of OSTK exchange hands on a given day and today's volume is recorded at 114043.

Standpoint Research, the brokerage firm, has recently changed the rating on Chevron (CVX). They lowered the rating from Buy to Hold. 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 CVX traded higher by 2.39% or $2.55/share to $109.32. In the past year, the shares have traded as low as $80.41 and as high as $109.94. On average, 11327100 shares of CVX exchange hands on a given day and today's volume is recorded at 7309914.

FBR Capital, the brokerage firm, has recently changed the rating on Visa (V). They lowered the rating from Outperform to Mkt 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. Shares of V traded higher by 2.14% or $1.97/share to $93.99. In the past year, the shares have traded as low as $66.50 and as high as $94.75. On average, 5806290 shares of V exchange hands on a given day and today's volume is recorded at 6881331.

Compass Point, the brokerage firm, has recently changed the rating on U.S. Bancorp (USB). They upped the rating from Neutral 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 $33 per share by the brokerage firm. Shares of USB traded higher by 2.51% or $0.64/share to $26.13. In the past year, the shares have traded as low as $20.10 and as high as $28.94. On average, 18859200 shares of USB exchange hands on a given day and today's volume is recorded at 20687668.