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Tuesday, October 4, 2011

Stock Market Up and Down-Grades: (CVC), (CXO), (CWEI), (WMT)

Hudson Square Research, the brokerage firm, has recently increased the rating on Cablevision (CVC). They upped the rating from Sell to Hold. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. Shares of CVC traded higher by 0.8% or $0.12/share to $15.14. In the past year, the shares have traded as low as $15.01 and as high as $38.08. On average, 3672880 shares of CVC exchange hands on a given day and today's volume is recorded at 2479252.

Concho Resources (CXO) is currently being analyzed by the brokerage firm Wunderlich. They have just changed 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 $70 per share by the brokerage firm. Shares of CXO fell by 0.52% or $-0.35/share to $66.90. In the past year, the shares have traded as low as $66.13 and as high as $110.89. On average, 977088 shares of CXO exchange hands on a given day and today's volume is recorded at 1002456.

Clayton Williams (CWEI) 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. The target price is currently set at $45 per share by the brokerage firm. Shares of CWEI fell by 2.22% or $-0.85/share to $37.39. In the past year, the shares have traded as low as $36.88 and as high as $109.45. On average, 119138 shares of CWEI exchange hands on a given day and today's volume is recorded at 197070.

Wal-Mart (WMT) is currently being analyzed by the brokerage firm Standpoint Research. They have just changed 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 WMT fell by 0.21% or $-0.11/share to $51.85. In the past year, the shares have traded as low as $48.31 and as high as $57.90. On average, 14133100 shares of WMT exchange hands on a given day and today's volume is recorded at 12247461.