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Tuesday, October 4, 2011

Stock Upgrades and Downgrades: (OAS), (BPZ), (ALXA), (FST), (CLI)

Oasis Petroleum (OAS) 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 $22 per share by the brokerage firm. Shares of OAS fell by 5.58% or $-1.13/share to $19.13. In the past year, the shares have traded as low as $19.84 and as high as $36.15. On average, 1491310 shares of OAS exchange hands on a given day and today's volume is recorded at 1853183.

BPZ Energy (BPZ) 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 $2 per share by the brokerage firm. Shares of BPZ fell by 6.11% or $-0.165/share to $2.54. In the past year, the shares have traded as low as $2.07 and as high as $6.83. On average, 2015600 shares of BPZ exchange hands on a given day and today's volume is recorded at 1374022.

Alexza Pharma (ALXA) is currently being analyzed by the brokerage firm JMP Securities. They have just changed their rating from Mkt Perform to Mkt Outperform. 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 $4 per share by the brokerage firm. Shares of ALXA traded higher by 3.74% or $0.04/share to $1.11. In the past year, the shares have traded as low as $0.86 and as high as $3.15. On average, 438364 shares of ALXA exchange hands on a given day and today's volume is recorded at 316774.

Forest Oil (FST) recently had their rating increased from Hold to Buy. Canaccord Genuity 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 $22 per share by the brokerage firm. Shares of FST traded higher by 2.25% or $0.2/share to $9.09. In the past year, the shares have traded as low as $8.88 and as high as $40.23. On average, 4462950 shares of FST exchange hands on a given day and today's volume is recorded at 5747420.

Mack-Cali Realty (CLI) is currently being analyzed by the brokerage firm Stifel Nicolaus. They have just decreased their rating from Hold to Sell. 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 CLI traded higher by 0.2% or $0.05/share to $24.91. In the past year, the shares have traded as low as $24.84 and as high as $35.96. On average, 1069650 shares of CLI exchange hands on a given day and today's volume is recorded at 1556195.