Stock Upgrades and Downgrades : ACOM, SNDK, GS, INTC, CLF, PLD - 1/6/12

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. 

Ancestry.com (ACOM), SanDisk (SNDK), Goldman Sachs (GS), Intel (INTC), Cliffs Natural (CLF), ProLogis (PLD) were upgraded or downgraded by analysts. 

Ancestry.com (ACOM) downgraded to Market Perform from Outperform at Morgan Keegan Morgan Keegan downgraded Ancestry.com citing valuation

SanDisk (SNDK) upgraded to Buy from Neutral at Sterne Agee.Sterne Agee upgraded SanDisk citing valuation that reflects negative handset sentiment and Europe, and expectations for margin upside from a flat/lower yen, lower Fab5 Startup costs, and lower non Captive mix. Price target is $57.

Goldman Sachs (GS) downgraded to Market Perform from Outperform at Wells FargoWells Fargo downgraded Goldman Sachs citing the company's vulnerability to continued deterioration in the global economic growth outlook. The firm lowered its target range for shares to $95-$105 from $105-$115 and said it sees greater upside potential in JP Morgan (JPM) and PNC Financial (PNC).

Intel (INTC) downgraded to Neutral from Buy at Sterne Agee.Sterne Agee downgraded Intel citing checks that indicate PC OEMs are increasing mix to ARM PC platforms from x86, emerging market growth could move to WARM solutions, and they do not expect its move into Smartphone-Medfield to be material enough
 

Cliffs Natural (CLF) initiated with an Outperform at RBC Capital Target $87

ProLogis (PLD) downgraded to Neutral from Outperform at Macquarie.Macquarie downgraded ProLogis based on macro economic headwinds in Europe and valuation. Price target lowered to $31 from $35.

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