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Monday, April 9, 2012

Analyst Upgrades and Downgrades: (HEI), (PLCM), (ITMN), (FFIV), (MITK)

RBC Capital Mkts, the brokerage firm, has recently changed the rating on HEICO (HEI). They upped the rating from Sector 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 $62 per share by the brokerage firm. Shares of HEI fell by 0.12% or $-0.06/share to $49.71. In the past year, the shares have traded as low as $40.05 and as high as $61.97. On average, 175874 shares of HEI exchange hands on a given day and today's volume is recorded at 144415.

Polycom (PLCM) recently had their rating changed from Outperform to Sector Perform. RBC Capital Mkts 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 $19 per share by the brokerage firm. Shares of PLCM fell by 4.12% or $-0.6/share to $13.96. In the past year, the shares have traded as low as $14.41 and as high as $34.30. On average, 3051980 shares of PLCM exchange hands on a given day and today's volume is recorded at 5777868.

InterMune (ITMN) is currently being analyzed by the brokerage firm RBC Capital Mkts. They have just decreased their rating from Outperform to Sector Perform. 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. The target price is currently set at $17 per share by the brokerage firm. Shares of ITMN fell by 15.97% or $-2.44/share to $12.84. In the past year, the shares have traded as low as $10.67 and as high as $51.71. On average, 1902140 shares of ITMN exchange hands on a given day and today's volume is recorded at 5025907.

F5 Networks (FFIV) recently had their rating changed from Buy to Hold. Stifel Nicolaus 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 FFIV fell by 1.8% or $-2.44/share to $133.49. In the past year, the shares have traded as low as $69.01 and as high as $139.46. On average, 1356540 shares of FFIV exchange hands on a given day and today's volume is recorded at 711653.

JMP Securities, the brokerage firm, has recently decreased the rating on Mitek Systems (MITK). They lowered the rating from Mkt Outperform to Mkt 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. Shares of MITK fell by 9.25% or $-0.68/share to $6.67. In the past year, the shares have traded as low as $4.49 and as high as $13.11. On average, 830583 shares of MITK exchange hands on a given day and today's volume is recorded at 2008855.