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Tuesday, April 24, 2012

Brokerage House Upgrades and Downgrades: (ROP), (RVSB), (MGDDY.PK), (LDK), (PBY)

Robert W. Baird, the brokerage firm, has recently changed the rating on Roper Inds (ROP). They lowered the rating from Outperform to Neutral. 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 $105 per share by the brokerage firm. Shares of ROP fell by 0.29% or $-0.29/share to $98.56. In the past year, the shares have traded as low as $64.90 and as high as $101.06. On average, 581719 shares of ROP exchange hands on a given day and today's volume is recorded at 323509.

Riverview Bancorp, Inc. (RVSB) recently had their rating changed from Hold to Sell. 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 $1 per share by the brokerage firm. Shares of RVSB fell by 1.05% or $-0.02/share to $1.88. In the past year, the shares have traded as low as $1.85 and as high as $3.20. On average, 17255 shares of RVSB exchange hands on a given day and today's volume is recorded at 129578.

HSBC Securities, the brokerage firm, has recently changed the rating on Michelin (MGDDY.PK). They upped the rating from Neutral to Overweight. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. Shares of MGDDY.PK traded higher by 5.16% or $0.69/share to $14.07. On average, 0 shares of MGDDY.PK exchange hands on a given day and today's volume is recorded at 15903.

LDK Solar (LDK) is currently being analyzed by the brokerage firm Auriga. They have just changed their rating from Sell to Hold. 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 LDK traded higher by 2.02% or $0.06/share to $3.03. In the past year, the shares have traded as low as $2.55 and as high as $11.73. On average, 1702970 shares of LDK exchange hands on a given day and today's volume is recorded at 539451.

Argus, the brokerage firm, has recently decreased the rating on Pep Boys (PBY). 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. Shares of PBY remained unchanged at $14.92. In the past year, the shares have traded as low as $8.18 and as high as $15.46. On average, 1220080 shares of PBY exchange hands on a given day and today's volume is recorded at 444571.