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Monday, December 12, 2011

Stock Upgrades and Downgrades: CRM, TIVO, DQ, SCLN, OCR, CIT, KOG, CMTL, SO - 12/12/11

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. 

Salesforce.com (CRM), TiVo (TIVO), Daqo New Energy (DQ), SciClone (SCLN), Omnicare (OCR), CIT Group (CIT), Kodiak Oil & Gas (KOG), Comtech (CMTL), Southern Company (SO) were upgraded or downgraded by analysts.

Salesforce.com (CRM) downgraded to Underperform from Neutral at Cowen .Cowen downgraded Salesforce.com based on a deceleration in normalized billings growth. 

TiVo (TIVO) upgraded to Above Average from Average at Caris.They TiVo citing upcoming catalysts that include its upcoming HD combo box launch with DirecTV, buybacks, and other commercial deals. Price target raised to $12 from $10.

Daqo New Energy (DQ) upgraded to Neutral from Sell at Collins Stewart .Collins Stewart upgraded Daqo New Energy based on valuation. Price target is $2.

SciClone (SCLN) initiated with an Outperform at Cowen.Cowen expects SciClone's Zadaxin to be a key driver of shares.

Omnicare (OCR) initiated with an Outperform at Cowen.

CIT Group (CIT) initiated with a Buy at BTIG Target $44.

Kodiak Oil & Gas (KOG) downgraded to Neutral from Buy at Pritchard.Pritchard downgraded Kodiak Oil & Gas with a $9.50 price target citing valuation.

Comtech (CMTL) downgraded to Market Perform from Strong Buy at Raymond James.Theydowngraded Comtech citing lack of near-term catalysts, and lower Q2 bookings and order trends. 

Southern Company (SO) downgraded to Neutral from Outperform at Macquarie Macquarie downgraded Southern Company citing valuation. Price target is $45.


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