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Friday, November 4, 2011

Stock Upgrades and Downgrades​: (K), (ULBI), (MMP), (WTS), (SWK)

Kellogg (K) 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 K traded higher by 0.2% or $0.1/share to $50.01. In the past year, the shares have traded as low as $48.51 and as high as $57.70. On average, 2324210 shares of K exchange hands on a given day and today's volume is recorded at 2636222.

Ultralife (ULBI) is currently being analyzed by the brokerage firm Ardour Capital. They have just decreased their rating from Accumulate 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. The target price is currently set at $4 per share by the brokerage firm. Shares of ULBI fell by 1.75% or $-0.08/share to $4.49. In the past year, the shares have traded as low as $3.87 and as high as $7.49. On average, 33285 shares of ULBI exchange hands on a given day and today's volume is recorded at 27864.

Magellan Midstream (MMP) recently had their rating decreased 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. Shares of MMP traded higher by 0.86% or $0.54/share to $63.56. In the past year, the shares have traded as low as $51.00 and as high as $65.92. On average, 313441 shares of MMP exchange hands on a given day and today's volume is recorded at 162193.

Watts Ind (WTS) recently had their rating changed 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 WTS fell by 0.56% or $-0.2/share to $35.72. In the past year, the shares have traded as low as $24.49 and as high as $40.75. On average, 349224 shares of WTS exchange hands on a given day and today's volume is recorded at 283042.

Stanley Black & Decker (SWK) is currently being analyzed by the brokerage firm Argus. They have just increased their rating from Hold 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 $76 per share by the brokerage firm. Shares of SWK traded higher by 0.84% or $0.56/share to $66.87. In the past year, the shares have traded as low as $47.27 and as high as $78.19. On average, 2073850 shares of SWK exchange hands on a given day and today's volume is recorded at 903559.