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Wednesday, October 26, 2011

Upgrades and Downgrades Daily Report: (NFLX), (CHRW), (DISCA), (RRST), (OMI)

Hudson Square Research, the brokerage firm, has recently changed the rating on Netflix (NFLX). 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 $110 per share by the brokerage firm. Shares of NFLX traded higher by 3.92% or $3.03/share to $80.40. In the past year, the shares have traded as low as $74.25 and as high as $304.79. On average, 8513580 shares of NFLX exchange hands on a given day and today's volume is recorded at 15750508.

C.H. Robinson (CHRW) recently had their rating decreased from Outperform to Neutral. Robert W. Baird 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 $76 per share by the brokerage firm. Shares of CHRW fell by 9.35% or $-7.0/share to $67.88. In the past year, the shares have traded as low as $62.30 and as high as $82.61. On average, 1466640 shares of CHRW exchange hands on a given day and today's volume is recorded at 3098344.

MKM Partners, the brokerage firm, has recently decreased the rating on Discovery (DISCA). They lowered the rating from Buy to Neutral. 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 DISCA fell by 0.59% or $-0.25/share to $41.90. In the past year, the shares have traded as low as $34.75 and as high as $45.81. On average, 2279760 shares of DISCA exchange hands on a given day and today's volume is recorded at 987759.

RRSAT Global (RRST) is currently being analyzed by the brokerage firm Oppenheimer. They have just changed their rating from Outperform to Perform. 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 RRST fell by 1.29% or $-0.07/share to $5.34. In the past year, the shares have traded as low as $5.10 and as high as $9.25. On average, 4456 shares of RRST exchange hands on a given day and today's volume is recorded at 25700.

Owens & Minor (OMI) is currently being analyzed by the brokerage firm Robert W. Baird. They have just decreased their rating from Neutral to Underperform. 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 $28 per share by the brokerage firm. Shares of OMI fell by 3.14% or $-0.97/share to $29.89. In the past year, the shares have traded as low as $26.17 and as high as $35.71. On average, 661461 shares of OMI exchange hands on a given day and today's volume is recorded at 625624.