Miller Tabak, the brokerage firm, has recently changed the rating on Sonus Networks (SONS). 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 $3 per share by the brokerage firm. Shares of SONS traded higher by 15.88% or $0.37/share to $2.70. In the past year, the shares have traded as low as $2.00 and as high as $4.16. On average, 2382530 shares of SONS exchange hands on a given day and today's volume is recorded at 4950216.
Valley National (VLY) is currently being analyzed by the brokerage firm Stifel Nicolaus. 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 VLY fell by 3.47% or $-0.44/share to $12.25. In the past year, the shares have traded as low as $9.57 and as high as $14.22. On average, 1481780 shares of VLY exchange hands on a given day and today's volume is recorded at 822911.
Fossil (FOSL) recently had their rating changed from Buy to Hold. The Benchmark Company 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 $108 per share by the brokerage firm. Shares of FOSL traded higher by 1.46% or $1.57/share to $109.41. In the past year, the shares have traded as low as $58.69 and as high as $134.98. On average, 1649880 shares of FOSL exchange hands on a given day and today's volume is recorded at 843869.
KeyBanc Capital Mkts, the brokerage firm, has recently changed the rating on Teledyne Tech (TDY). 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 TDY fell by 7.02% or $-4.21/share to $55.77. In the past year, the shares have traded as low as $38.83 and as high as $60.91. On average, 223712 shares of TDY exchange hands on a given day and today's volume is recorded at 177847.
Patterson-UTI (PTEN) is currently being analyzed by the brokerage firm Global Hunter Securities. They have just decreased their rating from Accumulate 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 $24 per share by the brokerage firm. Shares of PTEN fell by 1.98% or $-0.44/share to $21.75. In the past year, the shares have traded as low as $15.64 and as high as $34.09. On average, 4762580 shares of PTEN exchange hands on a given day and today's volume is recorded at 2632506.
