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Thursday, March 29, 2012

Upgrades and Downgrades for Today: (VZ), (AMLN), (ZAZA), (UA), (T)

Verizon (VZ) recently had their rating decreased from Outperform to Neutral. Robert W. Baird 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 $37 per share by the brokerage firm. Shares of VZ fell by 1.3% or $-0.4985/share to $37.76. In the past year, the shares have traded as low as $32.28 and as high as $40.48. On average, 15056800 shares of VZ exchange hands on a given day and today's volume is recorded at 12384172.

Amylin Pharma (AMLN) recently had their rating changed from Sell to Neutral. MKM Partners 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. Shares of AMLN traded higher by 3.91% or $0.93/share to $24.70. In the past year, the shares have traded as low as $8.03 and as high as $24.10. On average, 4456910 shares of AMLN exchange hands on a given day and today's volume is recorded at 10919726.

RBC Capital Mkts, the brokerage firm, has recently decreased the rating on ZaZa Energy (ZAZA). They lowered the rating from Outperform to Sector Perform. 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 $4 per share by the brokerage firm. Shares of ZAZA traded higher by 0.27% or $0.01/share to $3.76. In the past year, the shares have traded as low as $2.62 and as high as $11.18. On average, 172466 shares of ZAZA exchange hands on a given day and today's volume is recorded at 379044.

Under Armour (UA) is currently being analyzed by the brokerage firm Longbow. They have just changed their rating from Buy 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. Shares of UA fell by 3.17% or $-3.04/share to $92.84. In the past year, the shares have traded as low as $52.62 and as high as $99.35. On average, 1182630 shares of UA exchange hands on a given day and today's volume is recorded at 944889.

AT&T (T) recently had their rating changed from Outperform to Neutral. Robert W. Baird 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 $31 per share by the brokerage firm. Shares of T fell by 1.08% or $-0.3385/share to $31.02. In the past year, the shares have traded as low as $27.29 and as high as $31.97. On average, 28085600 shares of T exchange hands on a given day and today's volume is recorded at 19354812.