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Monday, April 23, 2012

Stock Market Up and Down-Grades: (RDEA), (SEMG), (KNOL), (MBFI), (FSLR)

Ardea Biosciences (RDEA) recently had their rating changed from Buy to Hold. Brean Murray 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 RDEA traded higher by 51.56% or $10.745/share to $31.58. In the past year, the shares have traded as low as $13.15 and as high as $29.06. On average, 276467 shares of RDEA exchange hands on a given day and today's volume is recorded at 23936308.

SemGroup (SEMG) recently had their rating changed from Outperform to In-line. Imperial Capital 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 SEMG fell by 3.47% or $-1.0699/share to $29.79. In the past year, the shares have traded as low as $16.55 and as high as $31.50. On average, 326171 shares of SEMG exchange hands on a given day and today's volume is recorded at 400489.

Knology (KNOL) recently had their rating decreased 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 KNOL remained unchanged at $19.42. In the past year, the shares have traded as low as $12.19 and as high as $19.73. On average, 436138 shares of KNOL exchange hands on a given day and today's volume is recorded at 810932.

Stifel Nicolaus, the brokerage firm, has recently decreased the rating on MB Financial (MBFI). 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 MBFI fell by 2.44% or $-0.51/share to $20.40. In the past year, the shares have traded as low as $13.86 and as high as $22.26. On average, 245870 shares of MBFI exchange hands on a given day and today's volume is recorded at 185913.

First Solar (FSLR) is currently being analyzed by the brokerage firm Maxim Group. They have just decreased their rating from Hold to Sell. 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 $9 per share by the brokerage firm. Shares of FSLR fell by 6.34% or $-1.31/share to $19.34. In the past year, the shares have traded as low as $20.02 and as high as $145.16. On average, 6251420 shares of FSLR exchange hands on a given day and today's volume is recorded at 4725082.