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Wednesday, November 9, 2011

Investment Firm Upgrades and Downgrades: (RJET), (ROVI), (VLNC), (RBCN), (ROVI)

Republic Airways (RJET) recently had their rating increased from Hold to Buy. Dahlman Rose 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 $8 per share by the brokerage firm. Shares of RJET fell by 8.06% or $-0.35/share to $3.99. In the past year, the shares have traded as low as $2.50 and as high as $8.50. On average, 531977 shares of RJET exchange hands on a given day and today's volume is recorded at 942948.

Rovi (ROVI) recently had their rating decreased from Buy to Neutral. Collins Stewart 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 $40 per share by the brokerage firm. Shares of ROVI fell by 36.96% or $-17.01/share to $29.01. In the past year, the shares have traded as low as $39.59 and as high as $69.50. On average, 1322080 shares of ROVI exchange hands on a given day and today's volume is recorded at 19137064.

Valence Tech (VLNC) is currently being analyzed by the brokerage firm Needham. 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 VLNC fell by 10.68% or $-0.098/share to $0.82. In the past year, the shares have traded as low as $0.86 and as high as $1.84. On average, 412183 shares of VLNC exchange hands on a given day and today's volume is recorded at 1159882.

Rubicon Tech (RBCN) is currently being analyzed by the brokerage firm UBS. They have just decreased 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. The target price is currently set at $11 per share by the brokerage firm. Shares of RBCN fell by 5.18% or $-0.62/share to $11.35. In the past year, the shares have traded as low as $9.75 and as high as $29.79. On average, 487850 shares of RBCN exchange hands on a given day and today's volume is recorded at 1301546.

Rovi (ROVI) recently had their rating changed from Buy to Hold. Brean Murray 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 ROVI fell by 36.96% or $-17.01/share to $29.01. In the past year, the shares have traded as low as $39.59 and as high as $69.50. On average, 1322080 shares of ROVI exchange hands on a given day and today's volume is recorded at 19137064.