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Monday, December 5, 2011

Stock Upgrades and Downgrades: Transocean (RIG), Alcoa(AA), Autodesk (ADSK), Polypore (PPO), Micron (MU) - 12/5/11

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. 

Transocean (RIG), Alcoa(AA), Autodesk (ADSK)Polypore (PPO), Micron (MU)  were upgraded or downgraded by analysts.

Cliffs Natural (CLF) initiated with a Conviction Buy at Goldman Target $93.

Transocean (RIG) upgraded to Outperform from Market Perform at BMO Capital BMO Capital upgraded Transocean based on valuation and strong offshore drilling fundamentals. Price target is $65.

Alcoa(AA) downgraded to Neutral from Buy at Goldman Goldman downgraded Alcoa based on lack of near-term catalysts and higher costs. Price target is $11.

Autodesk (ADSK) downgraded to Sell from Neutral at Goldman Goldman downgraded Autodesk based on decelerating Suites growth and macro trends. Price target is $32.

Polypore (PPO) upgraded to Buy from Hold at BB&T Price target is $70.

Micron (MU) initiated with a Neutral at Nomura Target $6.50.

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