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Thursday, October 27, 2011

Upgrades and Downgrades for Today: (FIO), (UBSI), (HOLX), (OC), (AXTI)

Fusion-io (FIO) recently had their rating decreased from Buy to Hold. Stifel Nicolaus 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 FIO traded higher by 4.83% or $1.63/share to $35.35. In the past year, the shares have traded as low as $14.90 and as high as $36.98. On average, 648256 shares of FIO exchange hands on a given day and today's volume is recorded at 1099606.

United Bankshares (UBSI) is currently being analyzed by the brokerage firm Stifel Nicolaus. They have just changed 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 UBSI traded higher by 4.13% or $0.97/share to $24.46. In the past year, the shares have traded as low as $18.78 and as high as $30.84. On average, 339626 shares of UBSI exchange hands on a given day and today's volume is recorded at 281393.

Hologic (HOLX) is currently being analyzed by the brokerage firm Ticonderoga. They have just changed 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 HOLX traded higher by 2.49% or $0.39/share to $16.03. In the past year, the shares have traded as low as $14.20 and as high as $23.24. On average, 2398070 shares of HOLX exchange hands on a given day and today's volume is recorded at 1309729.

Owens Corning (OC) recently had their rating increased from Hold to Buy. BB&T Capital Mkts 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 OC traded higher by 10.76% or $2.93/share to $30.17. In the past year, the shares have traded as low as $20.55 and as high as $38.94. On average, 2166120 shares of OC exchange hands on a given day and today's volume is recorded at 2806544.

Northland Securities, the brokerage firm, has recently changed the rating on AXT (AXTI). They lowered the rating from Outperform to Market Perform. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. The target price is currently set at $7 per share by the brokerage firm. Shares of AXTI fell by 20.95% or $-1.24/share to $4.68. In the past year, the shares have traded as low as $4.56 and as high as $12.23. On average, 564303 shares of AXTI exchange hands on a given day and today's volume is recorded at 3118159.