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Tuesday, November 22, 2011

Stock Market Up and Down-Grades: (NVDA), (VRUS), (DLB), (POL), (GILD)

NVIDIA (NVDA) is currently being analyzed by the brokerage firm Needham. They have just changed their rating from Underperform 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. The target price is currently set at $18 per share by the brokerage firm. Shares of NVDA traded higher by 2.12% or $0.31/share to $14.94. In the past year, the shares have traded as low as $10.38 and as high as $26.17. On average, 20073800 shares of NVDA exchange hands on a given day and today's volume is recorded at 21694708.

Pharmasset (VRUS) is currently being analyzed by the brokerage firm Brean Murray. 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 VRUS fell by 0.28% or $-0.38/share to $133.76. In the past year, the shares have traded as low as $14.53 and as high as $135.00. On average, 1609970 shares of VRUS exchange hands on a given day and today's volume is recorded at 5319607.

Dolby Labs (DLB) recently had their rating changed from Mkt Perform to Outperform. Barrington Research 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 $43 per share by the brokerage firm. Shares of DLB fell by 0.46% or $-0.14/share to $30.36. In the past year, the shares have traded as low as $26.16 and as high as $69.69. On average, 977277 shares of DLB exchange hands on a given day and today's volume is recorded at 651774.

PolyOne (POL) recently had their rating decreased from Buy to Neutral. Longbow 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 POL fell by 4.67% or $-0.5/share to $10.20. In the past year, the shares have traded as low as $9.95 and as high as $16.61. On average, 921842 shares of POL exchange hands on a given day and today's volume is recorded at 755853.

Gilead Sciences (GILD) recently had their rating decreased from Buy to Neutral. Summer Street Research 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 GILD traded higher by 6.81% or $2.47/share to $38.73. In the past year, the shares have traded as low as $34.45 and as high as $43.49. On average, 7313800 shares of GILD exchange hands on a given day and today's volume is recorded at 22707238.