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Tuesday, October 11, 2011

Stock Market Up and Down-Grades: (SLG), (NDN), (MT), (SYNA), (NFLX)

SL Green Rlty (SLG) is currently being analyzed by the brokerage firm UBS. They have just increased their rating from Neutral 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 $78 per share by the brokerage firm. Shares of SLG fell by 2.16% or $-1.3/share to $59.02. In the past year, the shares have traded as low as $52.41 and as high as $90.01. On average, 1292800 shares of SLG exchange hands on a given day and today's volume is recorded at 1043521.

99 Cents Only (NDN) is currently being analyzed by the brokerage firm MKM Partners. They have just decreased their rating from Buy 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. Shares of NDN traded higher by 4.44% or $0.91/share to $21.40. In the past year, the shares have traded as low as $14.32 and as high as $21.00. On average, 781203 shares of NDN exchange hands on a given day and today's volume is recorded at 27772838.

Dahlman Rose, the brokerage firm, has recently changed the rating on Arcelor Mittal (MT). 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 $34 per share by the brokerage firm. Shares of MT traded higher by 0.79% or $0.1475/share to $18.93. In the past year, the shares have traded as low as $14.77 and as high as $38.88. On average, 7993220 shares of MT exchange hands on a given day and today's volume is recorded at 6002379.

Synaptics (SYNA) recently had their rating increased from Neutral to Buy. Collins Stewart is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $40 per share by the brokerage firm. Shares of SYNA traded higher by 4.58% or $1.26/share to $28.75. In the past year, the shares have traded as low as $21.97 and as high as $32.24. On average, 471842 shares of SYNA exchange hands on a given day and today's volume is recorded at 961958.

Netflix (NFLX) recently had their rating increased from Sell to Hold. Hudson Square Research is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. Shares of NFLX fell by 4.56% or $-5.09/share to $106.53. In the past year, the shares have traded as low as $107.31 and as high as $304.79. On average, 7166310 shares of NFLX exchange hands on a given day and today's volume is recorded at 15759649.