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Friday, November 11, 2011

Upgrades and Downgrades Daily Report: (TTWO), (ALGT), (ZMH), (AMCX), (TAT)

Take-Two (TTWO) recently had their rating increased from Long-term Buy to Buy. Hilliard Lyons 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 $18 per share by the brokerage firm. Shares of TTWO traded higher by 2.88% or $0.415/share to $14.82. In the past year, the shares have traded as low as $9.77 and as high as $17.58. On average, 1789970 shares of TTWO exchange hands on a given day and today's volume is recorded at 6597491.

Allegiant Travel (ALGT) is currently being analyzed by the brokerage firm Ticonderoga. They have just changed their rating from Neutral 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 $60 per share by the brokerage firm. Shares of ALGT traded higher by 3.89% or $1.97/share to $52.55. In the past year, the shares have traded as low as $38.12 and as high as $52.95. On average, 147018 shares of ALGT exchange hands on a given day and today's volume is recorded at 98036.

Argus, the brokerage firm, has recently changed the rating on Zimmer Hldgs (ZMH). They lowered the rating from Buy to Hold. 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 ZMH traded higher by 1.76% or $0.91/share to $52.58. In the past year, the shares have traded as low as $47.09 and as high as $69.93. On average, 2326430 shares of ZMH exchange hands on a given day and today's volume is recorded at 721092.

AMC Networks (AMCX) recently had their rating increased from Sell 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 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.

TransAtlantic Petroleum (TAT) is currently being analyzed by the brokerage firm Global Hunter Securities. They have just changed their rating from Accumulate 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 $2 per share by the brokerage firm. Shares of TAT traded higher by 10.56% or $0.15/share to $1.57. In the past year, the shares have traded as low as $0.70 and as high as $3.59. On average, 1035080 shares of TAT exchange hands on a given day and today's volume is recorded at 2796963.