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Wednesday, January 18, 2012

Stock Upgrades and Downgrades :CHK, DTV, EW, JNS, CNW, SWFT- 1/18/12

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. 

Chesapeake (CHK), DirecTV (DTV), Edwards Lifesciences (EW), Janus Capital (JNS),  Con-way (CNW) and Swift Transportation (SWFT) were upgraded or downgraded by analysts.

Chesapeake (CHK) downgraded to Hold from Buy at Brean Murray.Brean Murray downgraded Chesapeake following a reduction in its natural gas outlook.

DirecTV (DTV) downgraded to Neutral from Buy at UBS.UBS downgraded DirecTV based on expectations for slowing sub growth due to increased competition from cable and the maturity of the U.S. pay TV market. Price target lowered to $46 from $53.

Edwards Lifesciences (EW) initiated with a Buy at ThinkEquity Target $100.

China Life Insurance (LFC) downgraded to Neutral from Buy at Goldman.Goldman downgraded China Life citing relative valuation.

Janus Capital (JNS) downgraded to Sell from Neutral at Citigroup.Citigroup downgraded Janus Capital to Sell citing valuation and risk to 2012 consensus estimates. The firm lowered its price target for shares to $5.50 from $6.25.
 
Con-way (CNW) initiated with a Neutral at SunTrust.

Swift Transportation (SWFT) initiated initiated with a Buy at SunTrust Target $12.

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