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Thursday, December 1, 2011

Brokerage House Upgrades and Downgrades​: (OZRK), (ADBE), (GPOR), (AGN), (DWA)

Bank of the Ozarks (OZRK) recently had their rating decreased from Buy to Hold. Wunderlich 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 $28 per share by the brokerage firm. Shares of OZRK fell by 3.53% or $-1.0/share to $27.35. In the past year, the shares have traded as low as $19.14 and as high as $28.35. On average, 272949 shares of OZRK exchange hands on a given day and today's volume is recorded at 215109.

Brigantine, the brokerage firm, has recently decreased the rating on Adobe Systems (ADBE). They lowered the rating from Hold to Sell. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. The target price is currently set at $23 per share by the brokerage firm. Shares of ADBE fell by 1.11% or $-0.305/share to $27.12. In the past year, the shares have traded as low as $22.67 and as high as $35.99. On average, 7283340 shares of ADBE exchange hands on a given day and today's volume is recorded at 2942441.

Gulfport Energy (GPOR) is currently being analyzed by the brokerage firm Global Hunter Securities. They have just changed their rating from Neutral to Accumulate. 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 $38 per share by the brokerage firm. Shares of GPOR traded higher by 3.15% or $1.0008/share to $32.75. In the past year, the shares have traded as low as $18.72 and as high as $38.09. On average, 995187 shares of GPOR exchange hands on a given day and today's volume is recorded at 891213.

Allergan (AGN) recently had their rating changed from Hold to Buy. Argus 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 $95 per share by the brokerage firm. Shares of AGN traded higher by 0.85% or $0.71/share to $84.43. In the past year, the shares have traded as low as $66.56 and as high as $89.25. On average, 2016440 shares of AGN exchange hands on a given day and today's volume is recorded at 869219.

Dreamworks Animation (DWA) recently had their rating changed from Above Average to Average. Caris & Company 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 DWA fell by 3.55% or $-0.66/share to $17.91. In the past year, the shares have traded as low as $16.34 and as high as $31.65. On average, 980868 shares of DWA exchange hands on a given day and today's volume is recorded at 377266.