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Monday, January 23, 2012

Stock Market Up and Down-Grades: (TPX), (PG), (NUVA), (BKYF), (FWLT)

Tempur-Pedic (TPX) recently had their rating changed from Buy to Hold. Standpoint Research 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 TPX fell by 0.91% or $-0.56/share to $60.65. In the past year, the shares have traded as low as $42.83 and as high as $74.81. On average, 1896710 shares of TPX exchange hands on a given day and today's volume is recorded at 1863154.

Stifel Nicolaus, the brokerage firm, has recently changed the rating on Procter & Gamble (PG). 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 PG fell by 2.18% or $-1.445/share to $64.78. In the past year, the shares have traded as low as $57.56 and as high as $67.72. On average, 10335200 shares of PG exchange hands on a given day and today's volume is recorded at 10485224.

Canaccord Genuity, the brokerage firm, has recently changed the rating on NuVasive (NUVA). 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. Shares of NUVA fell by 0.14% or $-0.02/share to $13.98. In the past year, the shares have traded as low as $11.02 and as high as $34.91. On average, 835431 shares of NUVA exchange hands on a given day and today's volume is recorded at 449871.

Robert W. Baird, the brokerage firm, has recently increased the rating on Bank of Kentucky (BKYF). They upped the rating from Neutral 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 $27 per share by the brokerage firm. Shares of BKYF traded higher by 5.31% or $1.16/share to $23.00. In the past year, the shares have traded as low as $18.93 and as high as $26.00. On average, 8958 shares of BKYF exchange hands on a given day and today's volume is recorded at 8422.

Standpoint Research, the brokerage firm, has recently decreased the rating on Foster Wheeler (FWLT). 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 FWLT traded higher by 1.29% or $0.3/share to $23.47. In the past year, the shares have traded as low as $16.40 and as high as $39.75. On average, 2133240 shares of FWLT exchange hands on a given day and today's volume is recorded at 1055582.