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Monday, November 14, 2011

Upgrades and Downgrades Daily Report: (CTRP), (HSY), (DAR), (RNOW), (LNVGY)

Ctrip.com (CTRP) is currently being analyzed by the brokerage firm Brean Murray. They have just decreased 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 CTRP fell by 12.46% or $-4.27/share to $30.00. In the past year, the shares have traded as low as $30.29 and as high as $53.16. On average, 2382720 shares of CTRP exchange hands on a given day and today's volume is recorded at 14143716.

Argus, the brokerage firm, has recently changed the rating on Hershey Foods (HSY). 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 HSY fell by 0.91% or $-0.52/share to $56.47. In the past year, the shares have traded as low as $45.67 and as high as $60.96. On average, 1446700 shares of HSY exchange hands on a given day and today's volume is recorded at 1443269.

Ardour Capital, the brokerage firm, has recently increased the rating on Darling Intl (DAR). They upped the rating from Accumulate to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $20 per share by the brokerage firm. Shares of DAR traded higher by 3.42% or $0.46/share to $13.91. In the past year, the shares have traded as low as $8.27 and as high as $19.62. On average, 1355540 shares of DAR exchange hands on a given day and today's volume is recorded at 794441.

Rightnow Tech (RNOW) recently had their rating changed from Mkt Outperform to Mkt Perform. JMP 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. Shares of RNOW traded higher by 0.04% or $0.015/share to $42.82. In the past year, the shares have traded as low as $18.74 and as high as $36.70. On average, 509902 shares of RNOW exchange hands on a given day and today's volume is recorded at 643020.

Lenovo (LNVGY) recently had their rating decreased from Neutral to Underweight. HSBC 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.