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Wednesday, December 7, 2011

Stock Market Up and Down-Grades: (CRK), (ATW), (INN), (BX), (FAST)

Oppenheimer, the brokerage firm, has recently increased the rating on Comstock (CRK). They upped the rating from Perform to Outperform. 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 $30 per share by the brokerage firm. Shares of CRK traded higher by 1.66% or $0.32/share to $19.64. In the past year, the shares have traded as low as $13.69 and as high as $33.63. On average, 1320050 shares of CRK exchange hands on a given day and today's volume is recorded at 1692351.

Atwood Oceanics (ATW) is currently being analyzed by the brokerage firm Morgan Keegan. They have just increased their rating from Mkt Perform 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. Shares of ATW fell by 2.66% or $-1.12/share to $40.97. In the past year, the shares have traded as low as $30.64 and as high as $48.84. On average, 923166 shares of ATW exchange hands on a given day and today's volume is recorded at 438654.

KeyBanc Capital Mkts, the brokerage firm, has recently changed the rating on Summit Hotel (INN). 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 INN fell by 5.99% or $-0.58/share to $9.11. In the past year, the shares have traded as low as $6.16 and as high as $11.63. On average, 210358 shares of INN exchange hands on a given day and today's volume is recorded at 76141.

Blackstone (BX) is currently being analyzed by the brokerage firm Argus. They have just increased their rating from Hold 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 $20 per share by the brokerage firm. Shares of BX traded higher by 0.54% or $0.08/share to $14.90. In the past year, the shares have traded as low as $10.51 and as high as $19.63. On average, 3957490 shares of BX exchange hands on a given day and today's volume is recorded at 1046003.

Fastenal (FAST) 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 $43 per share by the brokerage firm. Shares of FAST fell by 2.33% or $-0.99/share to $41.54. In the past year, the shares have traded as low as $28.80 and as high as $43.04. On average, 2750550 shares of FAST exchange hands on a given day and today's volume is recorded at 1644932.