Stocks of Note: AMWI, Upgrades, Downgrades and New Coverages

A very big, very busy week on Wall Street got off to a negative start thanks to a new batch of negative headlines out of Europe and a profit warning from Intel which affected the stock market today. The DJIA dropped 222 points in midday trading. The euro fell more than 1 percent against the dollar and the yields on Italian government bonds rose sharply as investors became more nervous about that nation’s debt burden.

Financial stocks fell sharply in the stock market today on fears that big banks could be damaged by the turmoil in the European financial system. Besides that, 6 of the 8 stocks under $8 we alerted to watch today were all up after today’s losing trading session.

Penny Stock Winners:

  • AMWI posted gains after reaching as high as $0.52.
  • VELA posted gains after reaching as high as $0.11.
  • ECIT closed at a high of $0.34 gaining 13% in the stock market today while EVGI reached as high as $0.14.
  • The real surprise was OXGN which reached as high as $1.37.
And the following Ratings adjustments were made in the stock market today:

Upgrades

  • Altera (NASDAQ: ALTR) was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating.
  • Axis Capital (NYSE: AXS) was upgraded by analysts at Keefe, Bruyette & Woods to an “outperform” rating.
  • Axis Capital (NYSE: AXS) was upgraded by analysts at Keefe, Bruyette & Woods, Inc from a “market perform” rating to an “outperform” rating.
  • Axis Capital (NYSE: AXS) was upgraded by analysts at KBW to an “outperform” rating. The analysts now have a $42.00 price target on the stock.
  • The Boeing Company (NYSE: BA) was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating.
  • Bank of Nova Scotia (NYSE: BNS) was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating.
  • Bally Technologies Inc. (NYSE: BYI) was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. The analysts now have a $47.00 price target on the stock.
  • Daqo New Energy (NYSE: DQ) was upgraded by analysts at Collins Stewart from a “sell” rating to a “neutral” rating.
  • Edwards Lifesciences (NYSE: EW) was upgraded by analysts at Canaccord Genuity from a “hold” rating to a “buy” rating. The analysts now have a $75.00 price target on the stock.
  • EZchip (NASDAQ: EZCH) was upgraded by analysts at Auriga from a “hold” rating to a “buy” rating. The analysts now have a $37.00 price target on the stock.
  • Lennar Co. (NYSE: LEN) was upgraded by analysts at KeyBanc from a “buy” rating to a “buy” rating.
  • LINDE AG S/SDR (NASDAQ: LNEGY) was upgraded by analysts at Citigroup from a “neutral” rating to a “buy” rating.
  • OYO Geospace Co. (NASDAQ: OYOG) was upgraded by analysts at Simmons to an “overweight” rating.
  • MetroPCS (NYSE: PCS) was upgraded by analysts at Credit Suisse from a “neutral” rating to an “outperform” rating. The analysts now have a $10.00 price target on the stock.
  • Ritchie Bros. Auctioneers (NYSE: RBA) was upgraded by analysts at Bank of America from an “underperform” rating to a “neutral” rating.
  • Rubicon Technology, Inc. (NASDAQ: RBCN) was upgraded by analysts at Sterne Agee to a “neutral” rating.
  • Rubicon Technology, Inc. (NASDAQ: RBCN) was upgraded by analysts at RBC Capital from an “underperform” rating to a “neutral” rating. The analysts now have a $9.00 price target on the stock.
  • Roche Holding Ltd. (NASDAQ: RHHBY) was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating.
  • Roche Holding Ltd. (NASDAQ: RHHBY) was upgraded by analysts at Credit Suisse from a “neutral” rating to an “outperform” rating.
  • Transocean (NYSE: RIG) was upgraded by analysts at Howard Weil from a “market perform” rating to an “outperform” rating.
  • TiVo Inc (NASDAQ: TIVO) was upgraded by analysts at Caris & Company from an “average” rating to an “above average” rating. The analysts now have a $12.00 price target on the stock.
  • TiVo Inc (NASDAQ: TIVO) was upgraded by analysts at Caris & Co. from an “average” rating to an “above average” rating. The analysts now have a $12.00 price target on the stock.
  • Tellabs, Inc. (NASDAQ: TLAB) was upgraded by analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating. The analysts now have a $4.25 price target on the stock.
  • Tempur-Pedic International Inc. (NYSE: TPX) was upgraded by analysts at Oppenheimer from a “perform” rating to an “outperform” rating. The analysts now have a $70.00 price target on the stock, up previously from $66.00.
  • The Travelers Companies, Inc. (NYSE: TRV) was upgraded by analysts at Sandler O’Neill from a “hold” rating to a “buy” rating.
  • Universal Technical Institute (NYSE: UTI) was upgraded by analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating. The analysts now have a $13.00 price target on the stock.
  • Watson Pharmaceuticals Incorporated (NYSE: WPI) was upgraded by analysts at CLSA from an “outperform” rating to a “buy” rating.
  • Watson Pharmaceuticals Incorporated (NYSE: WPI) was upgraded by analysts at Credit Agricole from an “outperform” rating to a “buy” rating.

Downgrades

  • Aeroflex Holding Corp. (NYSE: ARX) was downgraded by analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating. The analysts now have a $10.00 price target on the stock.
  • Avago Technologies (NASDAQ: AVGO) was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating.
  • Boyd Gaming (NYSE: BYD) was downgraded by analysts at Lazard Capital from a “buy” rating to a “neutral” rating.
  • Comtech Telecom (NASDAQ: CMTL) was downgraded by analysts at Raymond James from a “strong buy” rating to a “market perform” rating.
  • Salesforce.com (NYSE: CRM) was downgraded by analysts at Cowen from a “neutral” rating to an “underperform” rating.
  • Ctrip.com International, Ltd. (NASDAQ: CTRP) was downgraded by analysts at TheStreet to a “hold” rating.
  • Cypress Sharpridge Investments, Inc. (NYSE: CYS) was downgraded by analysts at B. Riley from a “buy” rating to a “neutral” rating.
  • Fresh Del Monte Produce Inc. (NYSE: FDP) was downgraded by analysts at TheStreet to a “hold” rating.
  • Ferrellgas Partners (NYSE: FGP) was downgraded by analysts at Raymond James from a “market perform” rating to an “underperform” rating.
  • Kodiak Oil & Gas Corp. (NYSE: KOG) was downgraded by analysts at Pritchard from a “buy” rating to a “neutral” rating.
  • Occidental Petroleum Co. (NYSE: OXY) was downgraded by analysts at Citigroup from a “buy” rating to a “neutral” rating. The analysts now have a $100.00 price target on the stock.
  • Priceline (NASDAQ: PCLN) was downgraded by analysts at Zacks Investment Research from an “outperform” rating to a “neutral” rating. The analysts now have a $504.00 price target on the stock.
  • Pinnacle Airlines Corp. (NASDAQ: PNCL) was downgraded by analysts at Dahlman Rose from a “hold” rating to a “sell” rating. The analysts now have a $0.75 price target on the stock.
  • PNM Resources, Inc. (NYSE: PNM) was downgraded by analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating.
  • SABMiller plc (NASDAQ: SBMRY) was downgraded by analysts at BNP Paribas from an “outperform” rating to a “neutral” rating.
  • Southern Co (NYSE: SO) was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating.
  • Statoil (NYSE: STO) was downgraded by analysts at Goldman Sachs from a “buy” rating to a “neutral” rating.
  • Toll Brothers, Inc. (NYSE: TOL) was downgraded by analysts at KeyBanc from a “buy” rating to a “hold” rating.

New Coverage

  • AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) is now covered by analysts at Goldman Sachs. The analysts set a “neutral” rating and a $20.00 price target on the stock.
  • NASDAQ (NASDAQ: AUMN) is now covered by analysts at Rodman & Renshaw. The analysts set an “outperform” rating and a $13.63 price target on the stock.
  • Breitburn Energy (NASDAQ: BBEP) is now covered by analysts at Bank of America. The analysts set a “buy” rating and a $22.00 price target on the stock.
  • NASDAQ (NASDAQ: BEAM) is now covered by analysts at Nomura. The analysts set a “reduce” rating on the stock.
  • Boardwalk Pipeline Partners (NYSE: BWP) is now covered by analysts at JPMorgan Chase & Co.. The analysts set a “neutral” rating on the stock.
  • CIT Group Inc. (NYSE: CIT) is now covered by analysts at BTIG. The analysts set a “buy” rating on the stock.
  • Cpb Inc. (NYSE: CPF) is now covered by analysts at Keefe, Bruyette & Woods. The analysts set a “market perform” rating on the stock.
  • Cpb Inc. (NYSE: CPF) is now covered by analysts at Keefe, Bruyette & Woods, Inc. The analysts set a “market perform” rating on the stock.
  • Delphi Fin (NYSE: DFG) is now covered by analysts at Barclays Capital. The analysts set an “underweight” rating and a $26.00 price target on the stock.
  • Deerfield Capital Corp (NYSE: DFR) is now covered by analysts at Barclays Capital. The analysts set an “underweight” rating on the stock.
  • El Paso Pipeline Partners (NYSE: EPB) is now covered by analysts at JPMorgan Chase & Co.. The analysts set an “overweight” rating on the stock.
  • First Connecticut Bancorp Inc (NASDAQ: FBNK) is now covered by analysts at Sterne Agee. The analysts set a “buy” rating and a $14.50 price target on the stock.
  • Hallador Energy Co (NASDAQ: HNRG) is now covered by analysts at Dahlman Rose. The analysts set a “hold” rating on the stock.
  • Kaiser Aluminum Corp. (NASDAQ: KALU) is now covered by analysts at Bank of America. The analysts set a “buy” rating and a $54.00 price target on the stock.
  • Metabolix Inc (NASDAQ: MBLX) is now covered by analysts at JPMorgan Chase & Co.. The analysts set a “neutral” rating and a $5.00 price target on the stock.
  • Nuveen Arizona Premium Income Mun Fd Inc (NYSE: NAZ) is now covered by analysts at Stifel Nicolaus. The analysts set a “sell” rating on the stock.
  • Nuveen Maryland Dividend Advantage Municipal Fund 3 It is a newly organized, non-diversified, closed-end management investment company registered under the 1940 (NYSE: NWI) is now covered by analysts at Stifel Nicolaus. The analysts set a “sell” rating on the stock.
  • Nuveen Arizona Dividend Advntg Mncpl Fd3 (NYSE: NXE) is now covered by analysts at Stifel Nicolaus. The analysts set a “sell” rating on the stock.
  • Omnicare, Inc. (NYSE: OCR) is now covered by analysts at Cowen. The analysts set an “outperform” rating on the stock.
  • Penn National Gaming (NASDAQ: PENN) is now covered by analysts at Lazard Capital. The analysts set a “neutral” rating on the stock.
  • Protective Life Corp. (NYSE: PL) is now covered by analysts at Barclays Capital. The analysts set an “equal weight” rating and a $25.00 price target on the stock.
  • Reinsurance Group of America Inc (NYSE: RGA) is now covered by analysts at Barclays Capital. The analysts set an “overweight” rating and a $64.00 price target on the stock.
  • Raytheon Company (NYSE: RTN) is now covered by analysts at Standpoint Research. The analysts set a “buy” rating and a $54.00 price target on the stock.
  • SciClone Pharmaceuti (NASDAQ: SCLN) is now covered by analysts at Cowen. The analysts set an “outperform” rating on the stock.
  • Spectra Energy Partners, LP (NYSE: SEP) is now covered by analysts at JPMorgan Chase & Co.. The analysts set a “neutral” rating on the stock.
  • Scripps Networks Interactive, Inc. (NYSE: SNI) is now covered by analysts at Evercore Partners. The analysts set an “equal weight” rating and a $50.00 price target on the stock.
  • Symetra Financial (NYSE: SYA) is now covered by analysts at Barclays Capital. The analysts set an “equalweight” rating and a $10.00 price target on the stock.
  • Google Finance (NYSE: TCP) is now covered by analysts at JPMorgan Chase & Co.. The analysts set a “neutral” rating on the stock.
  • Torchmark Co. (NYSE: TMK) is now covered by analysts at Barclays Capital. The analysts set an “overweight” rating and a $55.00 price target on the stock.
  • Texas Instruments (NYSE: TXN) is now covered by analysts at Morgan Stanley. The analysts set an “overweight” rating on the stock.
  • Whiting Petroleum Co. (NYSE: WLL) is now covered by analysts at Credit Agricole. The analysts set a “buy” rating and a $67.00 price target on the stock.
  • Whiting Petroleum Co. (NYSE: WLL) is now covered by analysts at CLSA. The analysts set a “buy” rating on the stock.

Last updated by at .

0
  Recent Penny Stock News