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Wednesday, November 9, 2011

Upgrades and Downgrades Daily Report: (PRMW), (TRGT), (HIBB), (ALSK), (RBCN)

Primo Water (PRMW) is currently being analyzed by the brokerage firm BB&T Capital Mkts. 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 PRMW fell by 14.17% or $-0.7893/share to $4.78. In the past year, the shares have traded as low as $3.71 and as high as $16.45. On average, 633640 shares of PRMW exchange hands on a given day and today's volume is recorded at 1181515.

Targacept (TRGT) recently had their rating decreased from Buy to Accumulate. Global Hunter Securities 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 $12 per share by the brokerage firm. Shares of TRGT traded higher by 2.89% or $0.22/share to $7.83. In the past year, the shares have traded as low as $7.47 and as high as $30.47. On average, 637820 shares of TRGT exchange hands on a given day and today's volume is recorded at 5468396.

Longbow, the brokerage firm, has recently decreased the rating on Hibbett Sporting (HIBB). They lowered the rating from Buy to Neutral. 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 HIBB fell by 6.0% or $-2.68/share to $42.01. In the past year, the shares have traded as low as $24.27 and as high as $44.75. On average, 396179 shares of HIBB exchange hands on a given day and today's volume is recorded at 245793.

Alaska Comms (ALSK) recently had their rating decreased from Sector Perform to Underperform. 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 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 $4 per share by the brokerage firm. Shares of ALSK fell by 24.93% or $-1.84/share to $5.54. In the past year, the shares have traded as low as $5.59 and as high as $11.65. On average, 753769 shares of ALSK exchange hands on a given day and today's volume is recorded at 6139413.

Rubicon Tech (RBCN) is currently being analyzed by the brokerage firm Avian. They have just changed their rating from Positive 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 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.