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Monday, November 7, 2011

Stock Market Up and Down-Grades: (RNIN), (VRTX), (HD), (ANR), (AINV)

Northland Securities, the brokerage firm, has recently decreased the rating on Wireless Ronin (RNIN). 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. Shares of RNIN fell by 5.97% or $-0.08/share to $1.26. In the past year, the shares have traded as low as $1.01 and as high as $1.65. On average, 46944 shares of RNIN exchange hands on a given day and today's volume is recorded at 57500.

Vertex Pharm (VRTX) is currently being analyzed by the brokerage firm RBC Capital Mkts. They have just decreased their rating from Outperform to Sector 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. The target price is currently set at $48 per share by the brokerage firm. Shares of VRTX fell by 8.65% or $-3.17/share to $33.46. In the past year, the shares have traded as low as $32.08 and as high as $58.87. On average, 2117860 shares of VRTX exchange hands on a given day and today's volume is recorded at 3942095.

Home Depot (HD) recently had their rating changed from Sector Perform to Outperform. RBC 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. The target price is currently set at $42 per share by the brokerage firm. Shares of HD traded higher by 2.14% or $0.78/share to $37.17. In the past year, the shares have traded as low as $28.13 and as high as $39.38. On average, 14686300 shares of HD exchange hands on a given day and today's volume is recorded at 7390747.

Alpha Natural Resources (ANR) is currently being analyzed by the brokerage firm Howard Weil. They have just changed their rating from Market Perform to Market Outperform. 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 $44 per share by the brokerage firm. Shares of ANR fell by 2.21% or $-0.62/share to $27.47. In the past year, the shares have traded as low as $17.65 and as high as $68.05. On average, 7536080 shares of ANR exchange hands on a given day and today's volume is recorded at 6580975.

Apollo Investment (AINV) recently had their rating changed from Buy to Neutral. Ladenburg Thalmann 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 $8 per share by the brokerage firm. Shares of AINV fell by 2.09% or $-0.17/share to $7.95. In the past year, the shares have traded as low as $7.17 and as high as $12.46. On average, 2480800 shares of AINV exchange hands on a given day and today's volume is recorded at 2483761.