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Monday, October 3, 2011

Stock Upgrades and Downgrades: (SVNT), (DMAN), (GPS), (RGC)

Savient Pharma (SVNT) is currently being analyzed by the brokerage firm Summer Street Research. They have just increased their rating from Sell to Neutral. 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. Shares of SVNT fell by 4.88% or $-0.2/share to $3.90. In the past year, the shares have traded as low as $3.53 and as high as $23.10. On average, 1812200 shares of SVNT exchange hands on a given day and today's volume is recorded at 1128638.

Demandtec (DMAN) recently had their rating changed from Mkt Perform to Mkt Outperform. JMP Securities 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 $10 per share by the brokerage firm. Shares of DMAN fell by 2.45% or $-0.16/share to $6.38. In the past year, the shares have traded as low as $5.41 and as high as $14.08. On average, 371828 shares of DMAN exchange hands on a given day and today's volume is recorded at 228643.

Gap (GPS) recently had their rating decreased from Buy to Hold. KeyBanc Capital Mkts 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 GPS fell by 1.17% or $-0.19/share to $16.05. In the past year, the shares have traded as low as $15.08 and as high as $23.73. On average, 8810520 shares of GPS exchange hands on a given day and today's volume is recorded at 5576228.

Regal Entertainment (RGC) is currently being analyzed by the brokerage firm MKM Partners. They have just changed 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. Shares of RGC traded higher by 1.87% or $0.22/share to $11.96. In the past year, the shares have traded as low as $11.15 and as high as $15.22. On average, 2487850 shares of RGC exchange hands on a given day and today's volume is recorded at 2085042.