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Thursday, December 15, 2011

Stock Upgrades and Downgrades :DD, BPAX, DTV, DANG, RENN, YOKU, GPOR, AFFX, SJR - 12/15/11

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. 
DuPont (DD), BioSante (BPAX), DirecTV (DTV), Dangdang (DANG), Renren (RENN), Youku.com (YOKU), Gulfport Energy (GPOR) , Affymetrix (AFFX), Shaw Communications (SJR)  were upgraded or downgraded by analysts.

DuPont (DD) favored in arbitration ruling with Monsanto over PROaccess  An arbitration panel has ruled in favor of DuPont (DD) in a dispute filed by Monsanto (MON) in May 2009. In the arbitration, Monsanto alleged that DuPont business Pioneer Hi‑Bred's PROaccess genetics distribution relationships breached Pioneer's Roundup Ready corn and soybean licenses with Monsanto. The arbitrators' ruling denied Monsanto's claims for damages and for injunctive relief. The written decision is confidential.

DirecTV (DTV) downgraded to Reduce from Neutral at Nomura Nomura downgraded DirecTV based on valuation, slowing buybacks, Latin America capital needs, and deteriorating domestic fundamentals. Price target is $32. 

Dangdang (DANG) initiated with a Hold at Brean Murray.

Renren (RENN) initiated with a Hold at Brean Murray

Youku.com (YOKU) initiated with a Hold at Brean Murray.

BioSante (BPAX) downgraded to Market Perform from Outperform at Leerink.Leerink downgraded BioSante after the company's Phase III BLOOM trials failed to show a statistically significant separation from placebo. The firm lowered its fair value estimate for shares to 11c from $6.

Gulfport Energy (GPOR) initiated with an Outperform at Credit Suisse. New price Target $41. 

Affymetrix (AFFX) upgraded to Neutral from Sell at Goldman.Goldman upgraded Affymetrix based on valuation. Price target lowered to $4.50 from $5.

Shaw Communications (SJR) initiated with a Neutral at Goldman.

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