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Friday, December 2, 2011

Ratings and Price target: GM, GMAN, LCC, LINE, GRMN, GY, HLS, PNM, RHT, RUE - 12/2/11

These stocks are usually going up  or down because of brokers upgraded or downgraded .If you are looking to day trade, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance &  support levels.You can also check previous stocks to buy reports- Right Here. 

General Motors (NYSE: GM), Gordmans Stores (NASDAQ: GMAN), US Airways Group, Inc. (LCC), Linn Energy, LLC (LINE) Garmin Ltd. (NASDAQ: GRMN), Gencorp Inc. (NYSE: GY) and HealthSouth (NYSE: HLS),PNM Resources, Inc. (PNM), Red Hat (RHT), Rue21 (RUE),  were upgraded or downgraded by analysts.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its "Overweight" rating on General Motors (GM).

Wells Fargo & Co. (NYSE:WFC) reiterated its "Market Perform" rating on Gordmans Stores (GMAN).

Barclays Capital upgraded US Airways Group, Inc. (LCC) from an “Equal Weight” rating to an “Overweight” rating.

Citigroup (NYSE:C) raised its price target on Linn Energy, LLC (LINE) to $47.00.

JMP Securities initiated coverage on MoneyGram International, Inc. (MGI). Broker have an “Outperform” rating on the company.

Oppenheimer reiterated its "Market Perform" rating on Garmin Ltd. (GRMN).

Gabelli reiterated its "Buy" rating on Gencorp Inc. (GY).

Bank of America (NYSE:BAC) reiterated its "Neutral" rating on HealthSouth (HLS). New price target of $25.00 on the company.

SunTrust (NYSE:STI) downgraded PNM Resources, Inc. (PNM) from a “Buy” rating to a “Neutral” rating.

Piper Jaffray (NYSE:PJC) reiterated its “Overweight” rating on Red Hat (RHT).

Piper Jaffray reiterated its “Overweight” rating on Rue21 (RUE). Broker have a price target of $36.00 on the company.

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