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Wednesday, December 7, 2011

Stock Upgrades and Downgrades: S, BMO, MKL, CB, TRV, AON, INN, TLB, DRI, BX- 12/7/11

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. 

XL Group (XL),  ACE Ltd.(ACE) , Marsh & McLennan (MMC) , Comerica (CMA) , Fastenal (FAST), Quest Diagnostics (DGX) , LabCorp (LH), Summit Hotel Properties (INN),  Talbots (TLB),  Darden (DRI), Blackstone (BX) were upgraded or downgraded by analysts.

XL Group (XL) initiated with a Neutral at Credit Suisse Target $22.

ACE Ltd.(ACE) initiated with a Neutral at Credit Suisse Target $71.

Marsh & McLennan (MMC) initiated with a Neutral at Credit Suisse Target $29.

Comerica (CMA) initiated with a Buy at Wunderlich Target $34.

Fastenal (FAST) downgraded to Neutral from Buy at UBS.Broker downgraded Fastenal based on valuation. Price target raised to $43 from $40.

Quest Diagnostics (DGX) initiated with a Hold at Auriga Target $51.

LabCorp (LH) initiated with a Hold at Auriga Target $91.

Summit Hotel Properties (INN) downgraded to Hold from Buy at KeyBanc.KeyBanc downgraded Summit Hotel Properties based on valuation.

Talbots (TLB) upgraded to Neutral from Underperform at Wedbush.Broker upgraded Talbots following the acquisition offer by Sycamore to acquire all of the company's outstanding stock for $3 cash per share. Price target raised to $3 from $1.50.

Darden (DRI) downgraded to Hold from Buy at Argus. Broker  downgraded Darden citing its weak Q2 report and reduced guidance.

Blackstone (BX) upgraded to Buy from Hold at Argus.

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