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Wednesday, April 25, 2012

Stock Upgrades and Downgrades: (WMT), (PNRA), (AXE), (MCD), (CALX)

Argus, the brokerage firm, has recently decreased the rating on Wal-Mart (WMT). 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 WMT fell by 0.42% or $-0.245/share to $57.52. In the past year, the shares have traded as low as $48.31 and as high as $62.63. On average, 9592810 shares of WMT exchange hands on a given day and today's volume is recorded at 18400196.

Panera Bread (PNRA) is currently being analyzed by the brokerage firm Miller Tabak. They have just changed their rating from Hold to Buy. 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. The target price is currently set at $178 per share by the brokerage firm. Shares of PNRA traded higher by 6.74% or $9.99/share to $158.24. In the past year, the shares have traded as low as $96.68 and as high as $165.99. On average, 502283 shares of PNRA exchange hands on a given day and today's volume is recorded at 1397033.

Stifel Nicolaus, the brokerage firm, has recently decreased the rating on Anixter (AXE). 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 AXE fell by 3.88% or $-2.7/share to $66.83. In the past year, the shares have traded as low as $44.52 and as high as $76.16. On average, 246605 shares of AXE exchange hands on a given day and today's volume is recorded at 437849.

McDonald's (MCD) recently had their rating decreased from Buy to Hold. 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 MCD traded higher by 0.36% or $0.3407/share to $94.93. In the past year, the shares have traded as low as $77.01 and as high as $102.22. On average, 5807130 shares of MCD exchange hands on a given day and today's volume is recorded at 3651040.

Calix Networks (CALX) recently had their rating increased from Neutral to Buy. UBS 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 $12 per share by the brokerage firm. Shares of CALX traded higher by 12.95% or $0.9/share to $7.85. In the past year, the shares have traded as low as $5.60 and as high as $22.97. On average, 472968 shares of CALX exchange hands on a given day and today's volume is recorded at 748097.