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Tuesday, April 24, 2012

Brokerage House Upgrades and Downgrades: (LDK), (DBD), (PBY), (MGDDY.PK), (WOLF)

LDK Solar (LDK) is currently being analyzed by the brokerage firm Auriga. They have just increased 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 2.36% or $0.07/share to $3.04. 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 541431.

Diebold (DBD) recently had their rating changed from Neutral to Buy. Compass Point 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. The target price is currently set at $45 per share by the brokerage firm. Shares of DBD traded higher by 1.11% or $0.42/share to $38.41. In the past year, the shares have traded as low as $24.70 and as high as $40.38. On average, 581605 shares of DBD exchange hands on a given day and today's volume is recorded at 494684.

Pep Boys (PBY) recently had their rating decreased from Hold to Sell. Argus 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 PBY traded higher by 0.03% or $0.0050/share to $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 455071.

Michelin (MGDDY.PK) recently had their rating increased from Neutral to Overweight. HSBC Securities 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 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 16279.

Great Wolf Resorts (WOLF) recently had their rating decreased from Mkt Outperform to Mkt Perform. JMP Securities 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 WOLF traded higher by 0.26% or $0.02/share to $7.84. In the past year, the shares have traded as low as $2.04 and as high as $8.11. On average, 700154 shares of WOLF exchange hands on a given day and today's volume is recorded at 423204.