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Tuesday, November 22, 2011

Upgrades and Downgrades Daily Report: (VRUS), (WGL), (VRUS), (LGCY), (SHLM)

Pharmasset (VRUS) is currently being analyzed by the brokerage firm Canaccord Genuity. 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 VRUS fell by 0.31% or $-0.415/share to $133.72. In the past year, the shares have traded as low as $14.53 and as high as $135.00. On average, 1609970 shares of VRUS exchange hands on a given day and today's volume is recorded at 5344556.

Brean Murray, the brokerage firm, has recently changed the rating on WGL Holdings (WGL). They upped the rating from Hold 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 $48 per share by the brokerage firm. Shares of WGL traded higher by 0.88% or $0.36/share to $41.25. In the past year, the shares have traded as low as $34.69 and as high as $43.88. On average, 377117 shares of WGL exchange hands on a given day and today's volume is recorded at 307359.

Pharmasset (VRUS) recently had their rating changed from Buy to Neutral. UBS 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 $137 per share by the brokerage firm. Shares of VRUS fell by 0.31% or $-0.415/share to $133.72. In the past year, the shares have traded as low as $14.53 and as high as $135.00. On average, 1609970 shares of VRUS exchange hands on a given day and today's volume is recorded at 5344556.

Legacy Reserves (LGCY) is currently being analyzed by the brokerage firm Robert W. Baird. They have just increased their rating from Neutral to Outperform. 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 $31 per share by the brokerage firm. Shares of LGCY traded higher by 0.24% or $0.062/share to $26.39. In the past year, the shares have traded as low as $22.00 and as high as $33.71. On average, 142772 shares of LGCY exchange hands on a given day and today's volume is recorded at 147948.

Longbow, the brokerage firm, has recently changed the rating on A. Schulman (SHLM). 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 SHLM fell by 5.06% or $-1.06/share to $19.87. In the past year, the shares have traded as low as $16.16 and as high as $26.42. On average, 222762 shares of SHLM exchange hands on a given day and today's volume is recorded at 197145.