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Thursday, January 19, 2012

Stock Upgrades and Downgrades : APKT, PNC, ARIA, GRMN, TOL, KB - 1/19/12

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. 

Acme Packet (APKT) , PNC Financial (PNC), Ariad (ARIA), Garmin (GRMN)Toll Brothers (TOL) and KB Home (KB) were upgraded or downgraded by analysts.

Acme Packet (APKT) initiated with a Buy at Jefferies Target $35.

PNC Financial (PNC) downgraded to Market Perform from Outperform at Bernstein.Bernstein downgraded PNC Financial citing lack of catalysts and valuation. Price target lowered to $67 from $69.

Ariad (ARIA) initiated with a Buy at Maxim Target $20.

Garmin (GRMN) upgraded to Buy from Hold at Canaccord.Canaccord upgraded Garmin believes Garmin's PND segment will stabilize in a couple of quarters and that the OEM business is gaining traction. Price target raised to $47.50.

Toll Brothers (TOL) downgraded to Neutral from Buy at UBS.UBS downgraded Toll Brothers based on valuation. Price target remains $25.

KB Home (KB) downgraded to Sell from Neutral at UBS.UBS downgraded KB Home based on relative valuation. Price target remains $7.  


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