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Tuesday, November 15, 2011

Upgrades and Downgrades Daily Report: (WDC), (BRC), (AAP), (QRE), (TSO)

Western Digital (WDC) is currently being analyzed by the brokerage firm Needham. 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 WDC fell by 3.99% or $-1.05/share to $25.29. In the past year, the shares have traded as low as $24.58 and as high as $41.87. On average, 5043470 shares of WDC exchange hands on a given day and today's volume is recorded at 4396257.

Brady (BRC) is currently being analyzed by the brokerage firm Robert W. Baird. They have just changed their rating from Outperform 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. The target price is currently set at $31 per share by the brokerage firm. Shares of BRC fell by 3.99% or $-1.21/share to $29.12. In the past year, the shares have traded as low as $24.44 and as high as $38.73. On average, 276292 shares of BRC exchange hands on a given day and today's volume is recorded at 248666.

Argus, the brokerage firm, has recently changed the rating on Advance Auto (AAP). 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 AAP fell by 0.55% or $-0.38/share to $68.60. In the past year, the shares have traded as low as $49.50 and as high as $72.32. On average, 987767 shares of AAP exchange hands on a given day and today's volume is recorded at 478487.

QR Energy LP (QRE) is currently being analyzed by the brokerage firm Robert W. Baird. They have just changed their rating from Outperform 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. The target price is currently set at $22 per share by the brokerage firm. Shares of QRE fell by 1.41% or $-0.293/share to $20.47. In the past year, the shares have traded as low as $15.61 and as high as $23.56. On average, 101063 shares of QRE exchange hands on a given day and today's volume is recorded at 117785.

Tesoro (TSO) 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 $30 per share by the brokerage firm. Shares of TSO fell by 0.85% or $-0.23/share to $26.95. In the past year, the shares have traded as low as $12.79 and as high as $28.74. On average, 4695370 shares of TSO exchange hands on a given day and today's volume is recorded at 5263717.