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Wednesday, December 28, 2011

Stock Upgrades and Downgrades : MN, MFRM, CASC, KOG, END, SBUX, FST, DKKN - 12/28/11

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. 

Manning & Napier  (MN), Mattress Firm (MFRM), Cascade (CASC) , Kodiak Oil (KOG),  Manning & Napier (MN), Endeavour (END) Starbucks (SBUX), Forest Oil (FST), Dunkin' Brands (DKKN)were upgraded or downgraded by analysts. 

Manning & Napier  (MN) initiated with an Outperform at Wells Fargo Price target range $15-$16.

Mattress Firm (MFRM) initiated with a Buy at UBS Target $28.

Cascade (CASC) initiated with a Buy at Global Hunter Target $60. 

Kodiak Oil (KOG) downgraded to Market Perform from Outperform at Northland Securities.Northland downgraded Kodiak Oil & Gas based on valuation. Price target remains $10.

Manning & Napier (MN) initiated with a Buy at Stifel Nicolaus Target $15.

Endeavour (END) upgraded to Outperform from Market Perform at Rodman & Renshaw.Rodman & Renshaw upgraded Endeavour with a $12.50 price target citing valuation and expectations for strong production growth in 2012.

Starbucks (SBUX) upgraded to Buy from Neutral at DA Davidson.DA Davidson believes that Starbucks will generate 20% earnings growth over the next three to five years, and that its valuation will continue to expand. Target $55.

Forest Oil (FST) initiated with an Add at Capital One Target $17.

Dunkin' Brands (DKKN) upgraded to Neutral from Underperform at DA Davidson DA Davidson upgraded Dunkin' Brands on valuation. Target $26. 

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